IAP Worldwide–the global logistics corporation–has recently acquired two new businesses which will allow them to expand both their reach and the services which they can provide to their clients. These companies–DRS Technologies’ Aviations and Logistics and Tactical Communications & Network Solutions–will be folded into a new Aviation & Engineering unit within IAP. According to their press release, this new unit will be mostly focused on IAP’s governmental contract work, allowing them to expand their services offered and strengthen their links to these existing customers.
These acquisitions are a part of IAP Worldwide’s recent strategy “based on organic growth through customer-focused discipline, lean operations, and innovation in our core government services segment, and inorganic growth realized by acquiring and integrating companies that complement our core business.” This acquisition seems to blend the two aspects of their strategy, by both acquiring a new business and using it primarily as a way to service their existing, governmental customers, and it may be a taste of something more to come for the company in light of this mission.
IAP Worldwide is a massive employer around the globe–with over 2,000 permanent employees–focusing on logistics and community management in tumultuous areas. From natural disaster response to military organization, IAP Worldwide deals with the “unexpected,” and they have been doing so for more than 60 years. From their start designing the launch base at Cape Canaveral to their ongoing support of the military to their international expansion, becoming an employer in over 20 countries, IAP’s mission statement has been to adopt their customers’ missions and work passionately with that in mind.
IAP also works to make sure that their services and strategies are never static, due to the sensitive and important nature of their work on LinkedIn. Being able to be both fast and flexible when working to save homes and lives is one of the most important qualities that IAP strives for. The compartmentalization of their services is one of the factors that allows them to do this, with each of their units having a specialized field that they focus on while still being under the same umbrella, they can communicate and come up with ideas that a company focused on a single area could not.
Given IAP’s focus on humanitarian efforts, services that affect how people live their lives and how lives can be saved or protected, this expansion hopefully points toward more growth in the company’s future, and more opportunities to meet their goals.
Learn more about IAP Worldwide: http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=10062694