Home / M&A Activity / IAP Buys DRS’ Aviation, Tactical Comms Businesses; Doug Kitani Comments

IAP Buys DRS’ Aviation, Tactical Comms Businesses; Doug Kitani Comments

U.S. Navy photo

IAP Worldwide Services has purchased the aviation and logistics,  and tactical communications and network solutions business units of DRS Technologies for an undisclosed sum.

Doug Kitani
Doug Kitani

IAP said Wednesday it will combine the two acquired segments with its aviation and engineering solutions and national security programs units.

Doug Kitani, CEO of IAP Worldwide Services, said the company made the acquisition to broaden the platforms and services portfolio it offers to government clients.

“We established a strategy earlier this year 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, ” added Kitani.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.