IAP Worldwide Services has gone an extra step in its growth strategy by acquisition of two firms. The company managed to buy DRS Technologies- Network Solutions Business and Aviation & Logistics companies. DRS Technologies is based in Aberdeen whereas A&L is based in Oklahoma City. TCNS has been known to offer information technology, engineering and communication related services in the past. It has offered its services mainly the United States Defense Department and to other agencies. A&L on the other hand has offered logistical services geared towards aircraft maintenance and repair services. The acquisition of the two companies shows IAP Worldwide Services intention to integrate several capabilities to enhance a rapid growth.
The two acquired firms were integrated into a single unit in IAP department known as Aviation and Engineering Solutions. They are meant to work under the existing National Security Program in IAP. IAP Worldwide Services’ Doug Kitani stated that the reason for acquisition of the two companies is to expand its services to a larger market. The company would like to increase its address market and offer comprehensive IT and engineering solutions. The acquisition of the companies was largely a work of the investors and the board.
The new companies show that IAP Worldwide is devoted to grow and offer better services to its customers. The strategy is meant to bring in innovation, a better strategy and a customer-based growth within the company. The only way to make this possible was through the acquisition of companies that are in line with IAP’s vision of being a world leader in technology services on Devex. The growth model established by the company shows a dedicated effort to growth. IAP has in the recent past focused on an organic based program that has a focus on customers.
IAP Worldwide has been a leading international service provider for close to 60 years now. They continue to grow and going to extra miles of providing services for the United States and international companies. IAP has offered a seasoned management program that deals with several solutions and innovations that meet the needs of its clients. Today they are based in over 100 locations in more than 20 different countries. The company has consistently been on the lookout to acquire new partners and companies that help them become a world leader in logistic services. They have proven to acquire major assets as they expand and separate themselves from the rest of the pack.