Search Results for: IAP

IAP Worldwide Wins Defense Work

According to the Department of Defense, “IAP Worldwide Services was awarded a $60, 000, 000 cost-plus-award-fee contract.  The award will provide installation support services for the National Training Center, Fort Irwin, Calif.  Work will be performed in Fort Irwin, Calif., with an estimated completion date of June 30, 2012.  The …

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BAE Systems, IAP Worldwide Claim DoD Deals

According to the Department of Defense, “BAE Systems is being awarded a $7, 745, 712 modification to a previously awarded cost-plus-fixed-fee contract (N00421-06-C-0085) to exercise an option for the procurement of maintenance, logistics, and life cycle services in support of communication-electronic equipment/systems and subsystems for various Navy, Army, Air Force, …

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IAP Worldwide Lands Army Deal; Boeing, General Dynamics Grab 2 Each

According to the Department of Defense, “IAP Worldwide was awarded a $55, 557, 377 firm-fixed-price indefinite delivery/indefinite quantity contract.  The award will provide for line haul transportation within Kuwait and Iraq.  Work will be performed in Kuwait and Iraq, with an estimated completion date of April 30, 2011.  Two bids …

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IAP’s Credit Rating on the Rise; CFO Charlie Peiffer Comments

IAP Worldwide has had a credit upgrade from Standard & Poor’s to a B from a B- with a stable trend. “The S&P upgrade came as the result of improved operating performance and a stronger liquidity profile for IAP, which results in credit measures that justify a higher rating, ” …

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IAP, General Dynamics, Boeing Book DoD Contracts

According to the Department of Defense, “IAP World Services is being awarded a $17, 426, 215 modification under a previously awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contract (N40080-07-D-0470) to exercise Option 4 for base operating support services at Naval Air Station Patuxent River, Webster Outlying Field, and Solomons Recreation Center.  The work to …

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IAP Soldiers on to Army Contract; Raytheon Books Pair

According to the Department of Defense, “lAP World Services was awarded a $12, 401, 145 firm-fixed-price contract.  This will exercise the second option, third year of service, for the operation and maintenance of the electrical power grids at Forward Operating Bases Salerno and Sharana.  Work is to be performed in …

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Bill Ballhaus Resigns from DynCorp, Replacement Steve Gaffney Comes in from IAP Worldwide

DynCorp International Chief Executive Officer and President Bill Ballhaus has announced his resignation. Ballhaus has been with the firm since 2008 and will remain on the company’s board of directors as vice chairman and will also become a strategic adviser to DynCorp’s new parent, Cerberus Capital Management L.P. “Over the …

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IAP Worldwide Names Bob Phillips President, Former Boss Steve Gaffney Comments

IAP Worldwide Services named Robert L. Phillips to the position of president effective August 25, 2010. Steve Gaffney, who announced his departure to lead DynCorp, will continue to serve as Chairman of the Board of Directors for IAP. Phillips spent the last three years leading IAP’s global Base Operations Support …

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Raytheon Picks Up Major Contract; ITT, IAP, Honeywell Also Win Deals

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $492, 440, 683 contract which will provide:  132 Advanced Medium Range Air-to-Air Missile (AMRAAM) Air Intercept Missile (AIM)-120D All-up-Round (AUR) missiles; 12 AIM-120D Air Vehicles Instrumented (AAVI); 87 AIM-120D Captive Air Training Missiles (CATM); 273 AIM-120C7 AURs for …

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IAP’s Steve Gaffney Comments on Safety Benchmark

IAP Worldwide Services’ team at Camp Taji, Iraq, project has completed 600 days and 5, 000, 000 hours without a lost-time injury. “Protecting the health and safety of our employees and the environment is an uncompromising initiative of our Company, ” said Steve Gaffney, IAP CEO and chairman of the …

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