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The Federal Market Group

The Federal Market Group
The Federal Market Group
Our Staff

Vic Avetissian, Managing Partner, Self-Governance and Finance, The Federal Market Group, heads up the firm’s Los Angeles office and is responsible for FMG’s client-focused solutions for establishing required relationships, processes and systems for government accounting, estimating, pricing and self governance issues.

He retired as Corporate Director, Government Acquisition Initiative at Northrop Grumman Corporation after 36 years of service. He was responsible for establishing and facilitating communication of the company's position on Government Acquisition issues and maintaining effective communication with Government procurement agencies on procurement policies and Acquisition Reform Initiatives.   He assisted company elements in developing strategies on government acquisition matters. He was also Corporate Business Conduct Officer for the Washington operations. 

Prior to that, he was Corporate Director, Government Cost Accounting and Compliance, where he was responsible for interpretation and implementation of corporate-wide Cost Accounting practices and compliance with all Government Cost Accounting and Federal Acquisition Regulations.  Duties included responsibility for negotiation and resolution of all corporate-wide Cost Accounting Standard (CAS) practices and Federal Acquisition Regulations (FAR) issues with appropriate Government representatives and agencies.  He was responsible for all reviews, preparation and submittal of comments on regulatory proposals on CAS, FAR and other Cost Accounting and Acquisition Regulations.

He participated as a member of due-diligence team on all companies Major Merger and Acquisition activities with responsibility for review and evaluation of Government Cost accounting practices and open compliance issues.  He was a member of industry support team for the 800 Panel and GAO review of Cost Accounting Standards. Prior to his position as Corporate Director of Government Cost Accounting and Compliance he was Division Director of Internal Audit, in that position he was responsible for Audit of Division Cost Accounting practices and its compliance with Standards and CAS Disclosure Statement.  He has held various Senior Management positions at Northrop Grumman corporate since 1970.

He is the Past National President of the National Contract Management Association (NCMA), an NCMA Fellow, and member of the National Board of Advisors. He is the past Chairman of the Board of Trustees of the Contract Management Institute (CMI). He is a member of the Board of Directors of the Contract Services Association of America (CSA) and chairman of the association’s Public Policy Council.

He is a member of the American Bar Association (ABA) Public Contract Law Section, member of Financial Executive International (FEI, past chair of the committee on government business, past Chapter President of the Association of Government Accountants (AGA), and is member of the National Defense Industrial Association's (NDIA) Contract Finance Committee

He was a Corporate representative on the Procurement and Finance Executive Committee, and Cost Principles Committee of Aerospace Industries Association (AIA) and member of Council of Defense and Space Industry Association (CODSIA), the Professional Services Council (PSC), the Information Technology Association of America, the Coalition for Government Procurement and member of Acquisition Reform Working Group (ARWG). He represented Northrop Grumman at various Industry and Government forums.

He has taught Government Contract Cost Accounting and Compliance with Federal Acquisition Regulations at UCLA's Extension Program and is a frequent speaker and course instructor on issues related to Government acquisition, contracting, accounting and compliance legislation and regulations.

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