Oliver Wyman launches consolidated aviation unit Vector
Global management consulting firm Oliver Wyman has combined its aviation business division Cavok with recent acquisition SeaTec Consulting to form a new global unit: Oliver Wyman Vector.
The US-headquartered Cavok was picked up by the firm in 2007, before adding TeamSAI in 2015 and the UK-based AVISA two years on. Its latest acquisition however – SeaTec Consulting – which follows that of aerospace and defense consultancy Avascent in 2022, has prompted a rebranding.
Purchased at the end of last year and adding more than 250 professionals across the US, Canada and UK, SeaTec provides a range of services to aviation sector clients, including in the areas of engineering, operations, safety & compliance, supply chain, and systems integration.
“SeaTec perfectly complements our Cavok business while also extending our technical services and consulting capabilities to give us an opportunity to further scale the business globally,” stated Vector general manager Anthony DiNota at the time the acquisition, now adding, “The Cavoc and SeaTec teams are already working closely together and our clients can continue to expect a seamless transition as we launch our new name.”
Globally, Oliver Wyman is considered one of the world’s leading consultancies to the aviation industry, and was recently brought in by Southwest Airlines for a review following the US carrier’s operational breakdown during the busy holiday season. The firm has advised on the strategy and turnarounds of several prominent airlines in the past.
Sitting within Oliver Wyman’s broader transportation & services practice, the new aviation unit will further serve the aerospace, defense and rail sectors via a global team of 300-plus experts boasting on average more than two decades worth of individual industry experience.
“Oliver Wyman Vector brings together two businesses which will deliver exceptional results for our clients in the transportation industry working in conjunction with our transportation & services practice,” stated global practice head Tom Stalnaker.
