Avascent

Updated on Dec 22, 2024

Edit

Comment

Industry Management consulting Website www.avascent.com Founded 2007		Key people Steve Irwin, President Headquarters Washington, D.C. Type of business Private

Products Management consulting services Profiles LinkedIn Twitter

Avascent is a boutique management consulting firm serving the defense, aerospace, homeland security, logistics, transit, and financial industries. It was formed in 2007 after a management-led buyout of DFI Corporate Services from its parent, DFI International (now Detica, since acquired by BAE Systems).

For more than 25 years, Avascent (previously as DFI) has advised the world's largest prime defense contractors and systems integrators. In addition to core markets in defense and aerospace, Avascent's clients also operate in other sectors influenced by government policy, such as energy, transportation and healthcare.

In 2011, the firm was featured in Consulting Magazine's annual Seven Small Jewels feature.

Competitors

Avascent primarily competes with general management consulting firms such as Bain & Co., Boston Consulting Group, McKinsey and Booz & Company, as well as boutique firms such as The Cohen Group and Teal Group. For market intelligence work, Avascent Analytics competes with firms such as Deltek and Jane's.

Avascent Analytics

In 2009, Avascent launched Avascent Analytics, a subscription-based web-accessible service providing clients comprehensive data covering aerospace, defense, and government driven markets. The database includes a forecast of global defense spending spanning the U.S. and 55 accessible countries, a federal contracts intelligence tool, and forecasting of global space systems.

Recruiting

Avascent typically recruits graduates into one of two tracks. Analysts are primarily undergraduates recruited from top university campuses. Unlike many consulting firms, Avascent does not have a fixed two-year program for analysts, but instead believes in organically developing future leaders. Engagement Managers are typically recruited from leading MBA and International Affairs programs, or are mid-career professionals. Avascent's Engagement Managers lead project teams and develop client relationships on the path to Partner.

Partnerships

Avascent works with non-profit organizations that aim to help people around the world, including:

Build.org - an entrepreneurial experience for underprivileged youth

Avascent belongs to several government interest business groups, including the Homeland Security Business Council.

Notable current and former employees

Lori Garver - In 2009, Garver was nominated by Barack Obama as Deputy NASA Administrator. She was confirmed by the United States Senate by unanimous consent on July 15, 2009.

William Lynn - In 2009, Lynn was nominated by Barack Obama as Deputy Secretary of Defense. His appointment was approved by the U.S. Senate Armed Services Committee on February 5, 2009 by unanimous consent. On February 11, 2009, Lynn was confirmed in the full Senate by a vote of 93–4. He took the oath of office on February 12.

Brett B. Lambert joined the U.S. Department of Defense in 2009 as Director of Industrial Policy in the Office of the Deputy Under Secretary of Defense (Acquisition & Technology).

Avascent Global Advisors

In February 2010, Avascent created Avascent International, which became Avascent Global Advisors in 2016, a senior-level advisory arm of Avascent. Working with Avascent, Avascent Global Advisors bring decades of extensive business, diplomatic, governmental, and military experience and expertise. The function of Avascent Global Advisors is to assist clients in identifying strategic opportunities, finding appropriate partners, addressing seen and unseen risk, and offering optimal government relations and market strategies, while navigating the global financial and geostrategic landscapes.

References

Avascent Wikipedia

(Text) CC BY-SA

Contents