Press Release

AlixPartners Forms Alliance with Washington, D.C.-based Consultancy Cypress International

April 6, 2022

Alliance designed to enhance services to defense-industry suppliers

NEW YORK (April 6, 2022) - AlixPartners, the global consulting firm, today announced a strategic alliance with Cypress International, a Washington, D.C.-based consultancy specializing in helping industry support the U.S. Department of Defense (DoD) and other federal-government departments and agencies. The relationship is designed to combine Cypress International’s deep understanding of business opportunities in the defense and related sectors, coming from subject-matter experts consisting primarily of former senior professionals in all branches of the U.S. military and other high positions, with AlixPartners’ strategic insight and deep operational-improvement expertise in order to offer enhanced services to the defense industry, at a time when new realities—including new defense threats and current DoD budget constraints—present new challenges as well as new opportunities in the aerospace and defense industry.

“AlixPartners’ alliance with Cypress International combines insights into customers and programs with proven capabilities to improve programs’ bottom-lines as well as the improvement of services across the U.S. defense supply chain,” said Eric Bernardini, global leader of the aerospace, defense and aviation practice at AlixPartners. “Analyzing the opportunities to bring faster to market integrated solutions, reduced cycles and reduced costs to allow key defense players to win more business in this new DoD era—not to mention doing so at a time when the current war in Ukraine reminds us of what an uncertain world we live in—requires careful diligence of customer needs, of DoD priorities, and of supplier and program capabilities. And no one is better than Cypress International in helping us provide that type of expertise.”

“There is increased demand today for rigorous diligence at the program and technology level, with insight into budgets, sectors and customers across the defense supply chain,” said David Halverson, CEO and Chairman at Cypress International. “At the same time, there is also a great need for Tier-2 and -3 suppliers, especially, to increase their competitiveness and to deliver faster solutions to the warfighter. And there are also many top-line growth opportunities for M&A throughout the industry, from hardware to electronics to cybersecurity. Cypress International’s unique insight and expertise together with AlixPartners’ renowned operational expertise will be an unbeatable combination for companies and sponsors looking to be winners in today’s environment.”

About Cypress International

Cypress International provides business development products and services exclusively to industry clients within the Department of Defense (DoD) and the Department of Homeland Security (DHS) markets. Our full-time professional staff, consisting primarily of former senior professionals from all military services, is single-sited in the Washington, D.C. area, facilitating ready access to key government decision and information centers. We integrate the combined experience and knowledge of our professional staff with a comprehensive research team and field representative network to increase our clients’ probability of winning DoD and DHS business.

About AlixPartners

AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully address their most complex and critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York and has offices in more than 20 cities around the world. For more information, visit www.alixpartners.com.

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Tim Yost

Marketing Director - Public Relations, AMER, Detroit