Avascent Group

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Avascent
Type Private
Industry Management consulting
Founded 2007
Headquarters Washington, DC
Key people Steve Irwin, President
Products Management consulting services
Website www.avascent.com

Avascent is a boutique management consulting firm serving the defense, aerospace, homeland security, logistics, 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).[1]

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 are 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.[2]

Competitors[edit]

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, they compete with firms such as Deltek and Jane's.

Recruiting[edit]

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[edit]

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

  • Build.org - an entrepreneurial experience for underprivileged youth[3]

Avascent belongs to several government interest business groups, including the Homeland Security Business Council.[4]

Notable current and former employees[edit]

  • Lori Garver - In 2009, Garver was nominated by Barack Obama as Deputy NASA Administrator.[5] She was confirmed by the United States Senate by unanimous consent on July 15, 2009.[6]
  • William Lynn - In 2009, Lynn was nominated by Barack Obama as Deputy Secretary of Defense.[7] His appointment was approved by the U.S. Senate Armed Services Committee on February 5, 2009 by unanimous consent.[8] On February 11, 2009, Lynn was confirmed in the full Senate by a vote of 93–4.[9] 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).

[10]

Avascent International[edit]

In February 2010, Avascent created Avascent International, a strategic advisory and consulting firm with offices in DC, New York, London, and Canberra. Working with The Avascent Group, Avascent International combines the capabilities of a strategic risk advisory and a leading consulting company. The firm provides strategy development and execution, market analysis, M&A support, and emerging market risk and entry support to companies world-wide.

External links[edit]

Notes[edit]

  1. ^ "2007 M&A Roundup" [1] Washington Technology Magazine (retrieved May 29, 2009)
  2. ^ Kornick, Joe (2011-03-24). "Seven Small Jewels, 2011". Consulting Magazine. Retrieved 12 April 2011. 
  3. ^ The Avascent Group. "2008 Charitable Contributions" [2], retrieved May 29, 2009.
  4. ^ HS&DBC "Members" [3], retrieved May 29, 2009.
  5. ^ KENNETH CHANG (May 23, 2009). "Retired General Picked to Lead NASA". The New York Times. 
  6. ^ KEITH COWING (July 15, 2009). "Bolden and Garver Confirmed By Senate for Top NASA Posts". SpaceRef.com. 
  7. ^ PHILIP RUCKER (January 8, 2009). "Obama Names Deputy Defense Secretary, Top Pentagon Officials". The Washington Post. 
  8. ^ ADAM LEVINE (February 5, 2009). "Senate committee approves controversial lobbyist". CNN. 
  9. ^ ADAM LEVINE (February 11, 2009). "U.S. Senate Roll Call Votes 111th Congress - 1st Session". United States Senate. 
  10. ^ "Brett B. Lambert: Director, Industrial Policy".