M&A Deal Summary

IAP Worldwide Services Acquires DRS Technologies - Aviation and Logistics Business

On November 5, 2015, IAP Worldwide Services acquired aerospace company DRS Technologies - Aviation and Logistics Business from DRS Technologies

Acquisition Highlights
  • This is IAP Worldwide Services’ 1st transaction in the Aerospace sector.
  • This is IAP Worldwide Services’ 3rd transaction in the United States.
  • This is IAP Worldwide Services’ 2nd transaction in Oklahoma.

M&A Deal Summary
Date 2015-11-05
Target DRS Technologies - Aviation and Logistics Business
Sector Aerospace
Buyer(s) IAP Worldwide Services
Sellers(s) DRS Technologies
Deal Type Divestiture

Target

DRS Technologies - Aviation and Logistics Business

Oklahoma City, Oklahoma, United States
DRS Technologies - Aviation and Logistics Business is a provider of aerospace logistic services.

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Buyer(S) 1

Buyer

IAP Worldwide Services

Cape Canaveral, Florida, United States
Category Company
Founded 1990
Sector Transportation
DESCRIPTION

IAP Worldwide Services is a provider of global logistics, infrastructure, IT, communications, power and air traffic management solutions. IAP Worldwide Services is based in Cape Canaveral, Florida.

DEAL STATS #
Overall 3 of 3
Sector (Aerospace) 1 of 1
Type (Divestiture) 3 of 3
State (Oklahoma) 2 of 2
Country (United States) 3 of 3
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-05 DRS Technologies - Tactical Communications & Network Solutions Business

Oklahoma, United States

DRS Technologies - Tactical Communications & Network Solutions Business is a provider of engineering, information technology, and communications support solutions.

Buy -

Seller(S) 1

SELLER

DRS Technologies

Arlington, Virginia, United States
Category Company
Founded 1968
Sector Aerospace
Employees10,200
DESCRIPTION

DRS Technologies is a supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide and is a recipient of the Defense Security Service Award for Excellence in Counterintelligence as well as three James S. Cogswell Awards for Outstanding Industrial Security Achievement.

DEAL STATS #
Overall 2 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 2 of 2
State (Oklahoma) 2 of 2
Country (United States) 2 of 2
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-05 DRS Technologies - Tactical Communications & Network Solutions Business

Oklahoma, United States

DRS Technologies - Tactical Communications & Network Solutions Business is a provider of engineering, information technology, and communications support solutions.

Sell -
Mergr

Product

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