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Concurrent Technologies Corporation

Overview

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About Concurrent Technologies Corporation

Simplify's Rating
Why Concurrent Technologies Corporation is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsIndustrial & ManufacturingCybersecurityDefense

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Johnstown, PA

Founded

1986

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What believers are saying

  • The October 28, 2026 DARPA award validates CTC’s AI Assurance platform.
  • August 27, 2026 Marine Corps cybersecurity work shows broader DoD demand beyond AI.
  • November 2026 leadership additions strengthen credibility with intelligence, cyber, and acquisition buyers.

What critics are saying

  • CTC depends on U.S. defense budgets; one procurement freeze hits revenue immediately.
  • Leadership churn continued with a November 5 CFO handoff, after June CEO replacement.
  • A second DARPA prime outage after 2012 would expose weak federal capture and scaling.

What makes Concurrent Technologies Corporation unique

  • CTC combines nonprofit R&D with Enterprise Ventures for design-to-production execution.
  • Its October 2026 DARPA prime ends a prime-contractor drought since 2012.
  • CTC’s TAB added AI, cyber, and national-security operators on November 12, 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Employee Assistance Program (EAP)
  • Tuition Reimbursement Assistance
  • Paid Leave
  • Paid Holidays
  • Bereavement Leave
  • Retirement Plan

Company News

GlobeNewswire
Nov 12th, 2026
Concurrent Technologies Corporation names two new members to Technical Advisory Board.

Concurrent Technologies Corporation names two new members to Technical Advisory Board. TAB expansion deepens artificial intelligence, national security, cyber, and mission solutions expertise to support CTC's clients. Johnstown, PA, Nov. 12, 2026 (GLOBE NEWSWIRE) - Concurrent Technologies Corporation (CTC) is honored to welcome Brian Bontempo and Harold C. "Hal" Smith to its Technical Advisory Board (TAB). The TAB is composed of highly accomplished technical and business leaders who provide strategic, independent insight into CTC's leadership and technical teams, reviewing projects for enhancements and integration opportunities, mentoring technical staff, and helping identify emerging technologies and markets. "CTC's Technical Advisory Board helps us stay ahead of our clients' needs and ensure we're delivering innovative solutions that are beneficial in real-world situations," said Christopher Hamilton, CTC President and CEO. "Brian and Hal bring a wealth of experience in AI, sensing, national security, and cyber, and their input will make us even stronger in supporting our customers' toughest missions." Brian Bontempo brings deep technical leadership across artificial intelligence, signal processing, and remote sensing. He is currently the Managing Director of Dirigo Strategic. Bontempo previously served as CTO of ARKA, guiding technical roadmaps and research and development for 1,200+ engineers, and Owner/CTO of Stratagem. His technical foundation includes serving as AI Lead for Lockheed Martin Space, leading synthetic aperture radar (SAR) algorithm and machine learning development, as well as engineering flight hardware for the Hubble Space Telescope at NASA Goddard Space Flight Center. He earned a B.S. and M.S. in Engineering Science Summa Cum Laude from Penn State University. Harold C. "Hal" Smith has extensive executive leadership experience supporting intelligence, military, and federal civilian clients in national security, cyber, and mission solutions. He was most recently President and Chief Operating Officer of Xator Corporation, a Parsons subsidiary, where he leads significant organic and acquisition-driven growth in identity/biometrics, technical security, CUAS, and mission support services. His prior roles include senior leadership positions at Accenture Federal Services, Computer Sciences Corporation (CSC), Science Applications International Corporation (SAIC), and Telcordia Technologies. He has also served as Associate Deputy Director for Technology Systems/Chief Information Officer at the National Security Agency (NSA). Smith holds a B.S. in Electrical Engineering from the University of Maryland and an MBA (Finance and Accounting), Summa Cum Laude, from Campbell University. Bontempo and Smith join current TAB members Cos DiMaggio, The Honorable Nickolas H. Guerin, The Honorable Jeffrey K. Harris, and Josh Salmanson, who collectively bring decades of leadership across defense research, engineering, acquisition, and national security. Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. CTC collaborates with its technology transition affiliate, Enterprise Ventures Corporation, to provide transformative, full lifecycle solutions through research, development, test, and evaluation work. To best serve its clients' needs, CTC offers the complete ability to fully design, develop, test, prototype, and build. CTC delivers robust, technical, and innovative solutions that safeguard our national security, retain U.S. technological advantage, and ensure the primacy of American manufacturing. For more information, visit www.ctc.com. Attachments

GlobeNewswire
Oct 28th, 2026
Concurrent Technologies Corporation secures nearly $2 million DARPA contract to enhance AI Assurance in military autonomous systems.

Concurrent Technologies Corporation secures nearly $2 million DARPA contract to enhance AI Assurance in military autonomous systems. CTC and EVC collaborating to develop advanced tools for assessing ai-driven drones and robots in real-world mission environments. Johnstown, PA, Oct. 28, 2026 (GLOBE NEWSWIRE) - Concurrent Technologies Corporation (CTC), in partnership with its technology transition affiliate, Enterprise Ventures Corporation (EVC), has been awarded a nearly $2 million, two-year contract by the Defense Advanced Research Projects Agency (DARPA). This competitively bid contract represents a significant milestone for CTC, marking its first prime position on a DARPA contract since 2012. Under this contract, CTC and EVC will address a critical need for ensuring the reliability and security of Artificial Intelligence (AI) and Machine Learning (ML) autonomous systems in real-world operational scenarios. Currently, there is no standardized process to red-team AI/ML systems across diverse mission environments. CTC and EVC will develop and apply innovative methods to test and validate the performance of autonomous systems in representative mission environments. By developing advanced approaches to assess and validate autonomous systems under realistic operating conditions, CTC and EVC will help ensure that military autonomous systems, such as drones and robots, operate safely, responsibly, and as intended under various conditions. This work builds on CTC's extensive research in AI Assurance, which began in 2018, and leverages EVC's production expertise in materials science and engineering. "This award is a testament to the innovative work our team has been doing in AI Assurance and our ability to deliver solutions that address critical national security challenges," said Chris Hamilton, CTC President and CEO. "We are honored to partner with DARPA on this important initiative and proud to contribute to advancing the safety and reliability of autonomous systems for the Department of Defense." "This project represents a significant step forward in ensuring that AI-enabled systems behave predictably and responsibly in complex mission environments," said Dave Saranchak, CTC Executive Director, Data Science. "Our team is excited to bring cutting-edge solutions to this effort and to support DARPA's leadership in advancing AI technologies for national defense." This contract aligns with CTC's strategic focus on advancing AI Assurance and supports the U.S. government's commitment to developing safe and responsible AI technologies, as outlined in recent Executive Orders and Department of Defense policies. Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. CTC collaborates with its technology transition affiliate, Enterprise Ventures Corporation, to provide transformative, full lifecycle solutions through research, development, test, and evaluation work. To best serve its clients' needs, CTC offers the complete ability to fully design, develop, test, prototype, and build. CTC delivers robust, technical, and innovative solutions that safeguard our national security, retain U.S. technological advantage, and ensure the primacy of American manufacturing. For more information, visit www.ctc.com. Enterprise Ventures Corporation (EVC) is the technology transition affiliate of Concurrent Technologies Corporation (CTC). EVC's mission is to transfer advanced technologies designed and created by others to the marketplace and to deliver high-quality, competitively priced products and services to its clients. www.evc.ctc.com. Any opinions, findings, conclusions, or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the Defense Advanced Research Projects Agency (DARPA). This research was, in part, funded by the U.S. Government. The views and conclusions contained in this document are those of the authors and should not be interpreted as representing the official policies, either expressed or implied, of the U.S. Government."

Concurrent Technologies Corporation
Oct 28th, 2026
Concurrent Technologies Corporation secures nearly $2 million DARPA contract to enhance AI Assurance in military autonomous systems.

Concurrent Technologies Corporation secures nearly $2 million DARPA contract to enhance AI Assurance in military autonomous systems. Johnstown, PA October 28, 2026 CTC and EVC Collaborating to Develop Advanced Tools for Assessing AI-Driven Drones and Robots in Real-World Mission Environments Concurrent Technologies Corporation (CTC), in partnership with its technology transition affiliate, Enterprise Ventures Corporation (EVC), has been awarded a nearly $2 million, two-year contract by the Defense Advanced Research Projects Agency (DARPA). This competitively bid contract represents a significant milestone for CTC, marking its first prime position on a DARPA contract since 2012. Under this contract, CTC and EVC will address a critical need for ensuring the reliability and security of Artificial Intelligence (AI) and Machine Learning (ML) autonomous systems in real-world operational scenarios. Currently, there is no standardized process to red-team AI/ML systems across diverse mission environments. CTC and EVC will develop and apply innovative methods to test and validate the performance of autonomous systems in representative mission environments. By developing advanced approaches to assess and validate autonomous systems under realistic operating conditions, CTC and EVC will help ensure that military autonomous systems, such as drones and robots, operate safely, responsibly, and as intended under various conditions. This work builds on CTC's extensive research in AI Assurance, which began in 2018, and leverages EVC's production expertise in materials science and engineering. "This award is a testament to the innovative work our team has been doing in AI Assurance and our ability to deliver solutions that address critical national security challenges," said Chris Hamilton, CTC President and CEO. "We are honored to partner with DARPA on this important initiative and proud to contribute to advancing the safety and reliability of autonomous systems for the Department of Defense." "This project represents a significant step forward in ensuring that AI-enabled systems behave predictably and responsibly in complex mission environments," said Dave Saranchak, CTC Executive Director, Data Science. "Our team is excited to bring cutting-edge solutions to this effort and to support DARPA's leadership in advancing AI technologies for national defense." This contract aligns with CTC's strategic focus on advancing AI Assurance and supports the U.S. government's commitment to developing safe and responsible AI technologies, as outlined in recent Executive Orders and Department of Defense policies. Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. CTC collaborates with its technology transition affiliate, Enterprise Ventures Corporation, to provide transformative, full lifecycle solutions through research, development, test, and evaluation work. To best serve its clients' needs, CTC offers the complete ability to fully design, develop, test, prototype, and build. CTC delivers robust, technical, and innovative solutions that safeguard its national security, retain U.S. technological advantage, and ensure the primacy of American manufacturing. For more information, visit www.ctc.com. Enterprise Ventures Corporation (EVC) is the technology transition affiliate of Concurrent Technologies Corporation (CTC). EVC's mission is to transfer advanced technologies designed and created by others to the marketplace and to deliver high-quality, competitively priced products and services to its clients. www.evc.ctc.com. Any opinions, findings, conclusions, or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the Defense Advanced Research Projects Agency (DARPA). Mary Bevan Senior Director, Corporate Communications & Brand Marketing

Alabama Cultural Times
Oct 20th, 2026
Concurrent Technologies Corporation earns Great Place To Work(R) certification(tm) for the second time.

Concurrent Technologies Corporation earns Great Place To Work(R) certification(tm) for the second time. Board also recognizes Lt. Gen. Joe Yakovac (Ret.) as he concludes his service following completion of term limits. Johnstown, PA, Oct. 20, 2026 (GLOBE NEWSWIRE) - Concurrent Technologies Corporation (CTC) is proud to announce that it has been Certified(TM) by Great Place To Work(R) for the second consecutive year. This prestigious recognition is based entirely on current employees' feedback about their experience working at CTC. This year, 95% of employees said CTC is a great place to work, compared with 57% of employees at a typical U.S. company. Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors that drive market-leading revenue, employee retention, and increased innovation. "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place To Work. "Certification is the only official recognition based entirely on employees' real-time feedback about their company culture. By earning this recognition, CTC demonstrates that it stands out as one of the top companies to work for and provides an exceptional workplace environment for its employees." CTC President and CEO Christopher Hamilton said, "I am so proud of the amazing scores CTC achieved in the Great Place To Work program - I have never seen results that high in my career. It's obvious that at CTC, the employee experience is a top priority, and our continued success is a direct result of our dedicated team members. We celebrate and thank our employees and leadership for all they do to make CTC a great place to work." CTC Executive Director of Talent and Brand Strategy Jay Bleehash added, "We're honored to achieve Great Place To Work Certification again. This recognition validates that our culture is deeply purpose-driven: we are motivated by client success, not profit, and that focus shapes how we treat and support our people. Last year's employee feedback helped drive meaningful improvements in compensation, benefits, and employee recognition. By listening to our team and acting on what we hear, we continue to strengthen the employee experience." According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified workplace. Employees at Certified workplaces are also 93% more likely to look forward to coming to work and twice as likely to believe they are paid fairly, receive a fair share of the company's profits, and have a fair chance at promotion. In addition, CTC has been recognized on the Best Places to Work in Pennsylvania list 18 times in the large-business category. Seventy-five percent of that program's rankings are based on an anonymous employee engagement and satisfaction survey. CTC has also been recognized nationally for its longstanding commitment to employing and supporting military veterans and their families, earning a place on U.S. Veterans Magazine's Top Veteran Employers list six times and its Top Milspouse Employer list in 2026, and being named a Best for Vets Employer by Military Times 14 times. Alabama Cultural Times is HIRING! Looking to grow your career at a company that puts its people first? Click on the Careers tab on www.ctc.com. Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. CTC collaborates with its technology transition affiliate, Enterprise Ventures Corporation, to provide transformative, full lifecycle solutions through research, development, test, and evaluation work. To best serve its clients' needs, CTC offers the complete ability to fully design, develop, test, prototype, and build. CTC delivers robust, technical, and innovative solutions that safeguard its national security, retain U.S. technological advantage, and ensure the primacy of American manufacturing. For more information, visit www.ctc.com. Mary Bevan Concurrent Technologies Corporation 814-269-2490 [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Alabama Cultural Times do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Yahoo Finance
Oct 20th, 2026
Concurrent Technologies Corporation earns Great Place To Work(R) certification(tm) for the second time.

Concurrent Technologies Corporation earns Great Place To Work(R) certification(tm) for the second time. Board also recognizes Lt. Gen. Joe Yakovac (Ret.) as he concludes his service following completion of term limits CTC earned Great Place To Work Certification Johnstown, PA, Oct. 20, 2026 (GLOBE NEWSWIRE) - Concurrent Technologies Corporation (CTC) is proud to announce that it has been Certified(TM) by Great Place To Work(R) for the second consecutive year. This prestigious recognition is based entirely on current employees' feedback about their experience working at CTC. This year, 95% of employees said CTC is a great place to work, compared with 57% of employees at a typical U.S. company. Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors that drive market-leading revenue, employee retention, and increased innovation. "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place To Work. "Certification is the only official recognition based entirely on employees' real-time feedback about their company culture. By earning this recognition, CTC demonstrates that it stands out as one of the top companies to work for and provides an exceptional workplace environment for its employees." CTC President and CEO Christopher Hamilton said, "I am so proud of the amazing scores CTC achieved in the Great Place To Work program - I have never seen results that high in my career. It's obvious that at CTC, the employee experience is a top priority, and our continued success is a direct result of our dedicated team members. We celebrate and thank our employees and leadership for all they do to make CTC a great place to work." CTC Executive Director of Talent and Brand Strategy Jay Bleehash added, "We're honored to achieve Great Place To Work Certification again. This recognition validates that our culture is deeply purpose-driven: we are motivated by client success, not profit, and that focus shapes how we treat and support our people. Last year's employee feedback helped drive meaningful improvements in compensation, benefits, and employee recognition. By listening to our team and acting on what we hear, we continue to strengthen the employee experience." According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified workplace. Employees at Certified workplaces are also 93% more likely to look forward to coming to work and twice as likely to believe they are paid fairly, receive a fair share of the company's profits, and have a fair chance at promotion.

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