Avascent Group
Encyclopedia
Avascent is a boutique management consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 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
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

) .

For more than 25 years, Avascent (previously as DFI) has advised the world's largest prime defense contractor
Defense contractor
A defense contractor is a business organization or individual that provides products or services to a military department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems...

s 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.

Competitors

Avascent primarily competes with general management consulting firms such as Bain & Co., McKinsey and Booz & Company
Booz & Company
Booz & Company is a global management consulting firm established in the United States in 1914. It is recognized as one of the most prestigious management consulting firms in the world and one of the best consulting firms to work for by Consulting Magazine...

, as well as boutique firms such as The Cohen Group
The Cohen Group
The Cohen Group is a firm providing advice to corporate leadership and assistance in marketing and regulatory affairs. It is based in Washington, D.C. with offices in Beijing and Tianjin, People's Republic of China.-History:...

 and Teal Group. For market intelligence work, they compete with firms such as Deltek
Deltek
Deltek, Inc. is a software company that specializes in accounting and related software programs to be used by government contractors and similar businesses.-History:The company was founded as Deltek Systems, Inc...

 and Jane's.

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
    Lori Garver
    Lori Beth Garver is the Deputy Administrator of the National Aeronautics and Space Administration . She was nominated on May 24, 2009, by President Barack Obama, along with Charles Bolden as NASA Administrator...

     - In 2009, Garver was nominated by Barack Obama
    Barack Obama
    Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

     as Deputy NASA Administrator. She was confirmed by the United States Senate by unanimous consent on July 15, 2009 .
  • William Lynn
    William J. Lynn III
    William J. Lynn III is a former United States Deputy Secretary of Defense. Before that he was Under Secretary of Defense and a lobbyist for Raytheon.-Biography:...

     - In 2009, Lynn was nominated by Barack Obama
    Barack Obama
    Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

    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 International

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

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