IAP Worldwide Services
In two decades, IAP Worldwide Services has grown from an obscure start-up in South Carolina to one of the U.S. largest military contractors providing services in Iraq and Afghanistan. Taking advantage of the Pentagon’s embrace of outsourcing, IAP has focused on providing the armed forces with such mundane necessities as food, water, power, medical supplies and shelter.
IAP was founded by a former Army logistics officer and has filled its executive ranks with numerous high-ranking military officers passing through the revolving door into the private sector. It has also benefited from the political connections of its majority owner, the Cerberus hedge fund, which is now chaired by former U.S. Treasury Secretary John Snow. Former U.S. Vice President Dan Quayle sits on IAP’s board as a representative of Cerberus, where he heads the firm’s international business.
IAP has been associated with scandals such as the mismanagement of Hurricane Katrina relief work and the deterioration of conditions at the Walter Reed Army Medical Center in Washington, DC.