Concurrent Technologies Corporation

Concurrent Technologies Corporation

Overview

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 & Analytics

Industrial & Manufacturing

Cybersecurity

Defense

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Johnstown, Pennsylvania

Founded

1986

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Simplify's Take

What believers are saying

  • April 2026 brought a $21 million MCIPAC cyber win, plus option-year funding.
  • April 29 2026 AFRL awarded $18 million for Clear Space Force Station storage.
  • June 2026 Quantum Knight partnership expands CTC into post-quantum government encryption.

What critics are saying

  • CTC depends on Marine Corps and AFRL contract flow for revenue visibility.
  • June 2026 leadership change risks execution during Ed Sheehan Jr.’s 18-year handoff.
  • Federal budget reprioritization or protest delays can choke follow-on awards and starve EVC.

What makes Concurrent Technologies Corporation unique

  • CTC pairs applied research with Enterprise Ventures Corporation technology transition delivery.
  • June 2026 hire Chris Hamilton adds Parsons, AnaVation, and Army intelligence experience.
  • CTC’s CMMC Level 2 and OT cybersecurity work fit mission-critical federal infrastructure.

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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

National Cybersecurity
Aug 28th, 2026
CTC lands Marine Corps contract for OT cybersecurity | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware.

CTC lands Marine Corps contract for OT cybersecurity | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware. Discover more Studying Advanced Computer Science Concepts Securing Your Data With Cyber Tools Upgrading Custom PC Components * CTC has received a $14.9 million contract for Marine Corps OT cybersecurity services * The work will protect facility-related control systems at Marine Corps installations * CTC and RMC Global will provide cyber assessments, architecture and compliance support Concurrent Technologies Corp. has received a $14.9 million contract from Marine Corps Installations Command Government Facilities to provide operational technology cyber services for facility-related control systems, or FRCS, the company announced Thursday. What does the Marine Corps contract cover? The multi-year award covers OT cybersecurity services for securing and modernizing FRCS in multiple Marine Corps installations. CTC will partner with RMC Global to deliver strategic and technical guidance, advanced cybersecurity measures, architecture and customized cyber assessments. The companies will also provide compliance support and policy development. CTC President and CEO Chris Hamilton said the contract supports the company's efforts to strengthen national security and operational resilience through advanced capabilities. The award builds on CTC's recent work supporting MCICOM's FRCS cybersecurity needs. In April, the company received a $21 million contract to provide cybersecurity support for FRCS in the MCIPAC region. CTC also partnered with RMC Global under the award. How will the contract support Marine Corps infrastructure? The companies will support cybersecurity and operational monitoring for FRCS used at Marine Corps installations. CTC said the work is intended to support infrastructure resilience and mission operations. Josh Ingraham, director of OT cyber solutions at CTC, said the award demonstrates MCICOM GF's continued confidence in the company's ability to plan and implement cybersecurity measures for mission-critical infrastructure. What is CTC's history with MCICOM? The contract builds on more than seven years of programmatic support CTC has provided to MCICOM GF. In February 2025, CTC secured a prime position on a multiple-award contract supporting MCICOM program management, operations, communications and facilities functions. CTC holds Cybersecurity Maturity Model Certification Level 2 status as a certified third-party assessment organization, which the company said supports its ability to help government and non-government entities manage compliance and risk. Discover more Implementing Enterprise Data Storage Solutions Subscribing To Premium Digital Dictionaries

Washington Technology
Jun 18th, 2026
Concurrent Technologies hires Parsons vet Hamilton as CEO.

Concurrent Technologies hires Parsons vet Hamilton as CEO. Concurrent Technologies Corp.'s incoming CEO Christopher Hamilton previously led counterdrone technology efforts at Parsons Corp. CTC photo. Stay Connected Find opportunities - and win them. June 18, 2026 02:46 PM ET CTC is embarking on its new 10-year strategic plan that retiring CEO Ed Sheehan Jr. oversaw the development of. Concurrent Technologies Corp. has hired its next chief executive in Christopher Hamilton, a three-decade defense industry veteran and formerly an executive at Parsons Corp. Hamilton will join CTC on June 29 and succeed Ed Sheehan Jr., who has led the nonprofit science and research firm for 18 years and announced his retirement plan in January. Following this leadership transition announced Wednesday, Hamilton will lead CTC's new 10-year strategic plan for the firm itself and its Enterprise Ventures Corp. affiliate focused on technology transition efforts. Hamilton most recently worked as a partner for strategy and growth at the cyber and data services contractor AnaVation. At Parsons, Hamilton oversaw a portfolio of technologies and solutions focused on protecting people and critical infrastructure. He also led the establishment of a counter-unmanned aerial systems center of excellence in West Virginia. "(Hamilton's) experience, vision, and understanding of the opportunities for operational transformations driven, in part, by Artificial Intelligence will be instrumental to improving customer mission success," Jeffrey Harris, chairman of CTC's board of directors, said in a release. Hamilton joined Parsons in 2023 through its acquisition of Xator Corp., where his most recent role was senior vice president of technology solutions. He joined Xator in 2014 through its purchase of CMX Technologies, where he was president and chief operating officer at the time of that transaction.

Associated Press
Jun 17th, 2026
CTC names Chris Hamilton as president and CEO to drive AI-driven defence innovation

Concurrent Technologies Corporation has appointed Christopher J. Hamilton as president and chief executive officer, effective 29 June 2026. Hamilton succeeds Edward J. Sheehan Jr., who retires after 33 years with the organisation. Hamilton brings 30 years of industry experience, most recently leading an advanced technology group at Parsons Corporation developing counter-unmanned aerial systems solutions. He previously served as president and chief operating officer of CMX Technologies and held roles at Georgetown University and Titan Corporation. A former US Army intelligence officer, Hamilton held positions at the Defence Intelligence Agency and National Reconnaissance Office. CTC's board of directors conducted a comprehensive national search for the position. The nonprofit applied research organisation provides technical solutions for national security and defence applications.

ExecutiveBiz
Jun 11th, 2026
CTC highlights longstanding support for Air Force energy, water & resilience initiatives.

CTC highlights longstanding support for Air Force energy, water & resilience initiatives. * Concurrent Technologies Corp. has highlighted its partnership with the Air Force on energy and installation resilience efforts * The company is providing strategic, technical and program management support across the SAF/IE portfolio * CTC has helped advance policy development, technology pilots and resilience planning initiatives Explore the priorities, partnerships and innovations shaping the future of air and space missions at the Potomac Officers Club's 2026 Air and Space Summit on July 30. Connect with military, government and industry leaders at the forefront of the domain. Sign up now. What role has CTC played in supporting the Air Force? The company said Tuesday it has provided program management and support, technical analysis and subject matter expertise across the SAF/IE portfolio, supporting policy development, strategy formulation and pilot projects. "We are proud of the impact our partnership has had - from policy development to advanced technology pilots - and we remain dedicated to supporting the Air Force's evolving needs with innovative, actionable results," said Edward Sheehan, Jr., president and CEO of CTC. What projects has CTC delivered? Among CTC's recent efforts is the Water Risk and Resilience Analysis Project, which develops methods to assess and mitigate water-related risks at Air Force installations. The company is also contributing to the Dynamic Resilience Innovation Framework for Technology Transition initiative, which advances nuclear, geothermal and hydrogen energy strategies. Additional projects include data governance efforts to enhance decision-making and strengthen partnerships, as well as water security initiatives at Cannon Air Force Base. How is CTC supporting future resilience efforts? CTC is contributing to the Department of War's Advanced Reactor Criteria and Baseline Understanding for Enterprise Scalability effort, which evaluates emerging technologies and potential use cases for resilience applications. The company is also supporting a Pacific Island Power Study aimed at strengthening expeditionary energy assurance and enabling Agile Combat Employment operations across the Indo-Pacific region. The partnership builds on CTC's broader support of Air Force energy resilience efforts. In April, the company secured an AFRL contract to develop and demonstrate a large-capacity energy storage system intended to strengthen mission resilience. CTC has also advanced the development of direct-current microgrid technology at Kirtland Air Force Base to boost energy efficiency and reliability.

ExecutiveBiz
May 21st, 2026
CTC, Quantum Knight partner on post-quantum cybersecurity technologies.

CTC, Quantum Knight partner on post-quantum cybersecurity technologies. * CTC and Quantum Knight have teamed up to advance post-quantum cyber protections for government and industrial networks * The partnership centers on software-based encryption designed to counter AI-driven and quantum-era threats * CLEAR technology supports deployment on existing infrastructure without hardware replacement Concurrent Technologies Corp. and Quantum Knight have partnered to support the deployment of post-quantum cybersecurity technologies for government and industrial systems. What will the ctc-quantum Knight partnership focus on? The companies said Tuesday the collaboration will support the certification, integration and deployment of Quantum Knight's Computational Layer for Encrypted Access Restriction, or CLEAR, cryptosystem software, a software-driven encryption system built to protect sensitive data and communications from evolving cyber threats, including AI-enabled attacks and future quantum computing risks. "Post-quantum cybersecurity is no longer theoretical. Adversaries are already targeting infrastructure that was never designed for modern cyber warfare," said Edward Sheehan Jr., who is set to retire as president and CEO of CTC in June. "Our role as a non-profit, is to identify and deliver technologies that are ready for real-world deployment, and this partnership reflects that mission." What technology is being deployed? The CLEAR platform aligns with National Institute of Standards and Technology post-quantum cryptography requirements and supports deployment on existing infrastructure without requiring hardware replacement. It uses Quantum Knight's HyperKey technology, a FIPS 140-3 validated cryptographic module that operates entirely in software. HyperKey allows endpoints to authenticate identities, manage access permissions and encrypt data at the source, helping minimize attack surfaces and remove centralized points of vulnerability. The technology also supports ultra-low-latency communications and delivers encryption strength comparable to 10,240-bit symmetric keys. The effort also builds on CTC's expanding cybersecurity and resilience work, including its Cybersecurity Maturity Model Certification Level 2 status, achieved in 2025. CTC recently secured a $21 million contract to provide cybersecurity support for facility control systems within the Marine Corps Installations Pacific region and separately received contracts from the Marine Corps and the Defense Logistics Agency, supporting energy resilience, cybersecurity and metal casting production efforts.

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