Marcus Onvani is Senior Vice President and Chief Financial Officer of Ultra Maritime. He was appointed in September 2022. As the head of Finance and Accounting for the business, he is responsible for the overall financial performance of the company. Onvani partners with the Chief Executive Officer and Advent International, the private equity shareholder, to develop strategies that create shareholder value.
Prior to joining Ultra Maritime, Mr. Onvani was the Senior Vice President of Finance for PE-backed GKN Aerospace, overseeing its Defense Business Unit. Onvani was instrumental in leading the design and execution of several business transformation projects, including: COVID stabilization, a global footprint rationalization & optimization, and an organization re-design. These initiatives matured the organization into a single integrated global operation, with improved customer performance and business profitability.
Mr. Onvani led Lockheed Martin Space Finance & Business Operations (F&BO) for its Military Space Line of Business (LOB) before joining GKN. In this role he collaborated across functions to successfully deliver critical national security space programs such as the Global Positioning System (GPS) and Space Based Infrared Systems (SBIRS) constellations. During his tenure, the LOB achieved exceptional compound annual sales growth rates exceeding 20% and achieved record levels of profitability. Mr.Onvani’s tenure at LM Space is hallmarked by his authorship of a non-standard business proposal that captured a $7B competitive win of the GPS-IIIF contract.
Mr. Onvani’s extensive career in Aerospace & Defense has given him exposure to diverse customer, geographic, cultural, and business model experiences. Onvani is committed to developing his employees, driving innovation, and ensuring Finance functional excellence, and he leads his team with these priorities in mind. A graduate of the University of Texas at Arlington, Onvani holds a Bachelor’s degree in Finance, a Master’s of Business Administration, and a Master’s of Science in Quantitative Finance.