IAP Buys Two Units from DRS Technologies

IAP Worldwide Services Inc. announced that it has acquired the Aviation and Logistics (A&L) and the Tactical Communications & Network Solutions (TCNS) business units from DRS Technologies Inc.  A&L provides aircraft repair management, logistics and mission support  services while TCNS provides engineering, IT, and communications support to the DoD and other agencies.  

According to the press release: "The acquisition will increase the capabilities that IAP delivers to customers worldwide and will more than double the size of IAP’s addressable market."

Deal terms were not disclosed.