July 26, 2017 3:42 AM ET

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Company Overview of Concurrent Technologies Corporation

Company Overview

Concurrent Technologies Corporation, a scientific research and development services company, provides management and technology-based solutions to federal and state government agencies, and the private sector. The company offers advanced engineering and manufacturing services in the areas of air systems, ground systems, sea systems, weapons systems, manufacturing process development and optimization, and prototyping and test services; and advanced intelligence solutions, such as cyber security services and security assessment and authorization services for defense, intelligence, and homeland security communities in the United States. It also provides environmental and process engineering, in...

100 CTC Drive

Johnstown, PA 15904-1935

United States

Founded in 1987

Phone:

814-269-2400

Fax:

814-269-6500

Key Executives for Concurrent Technologies Corporation

Vice Chairman, Chief Executive Officer and President
Chief Financial Officer, Senior Vice President and Director
President of Enterprise Ventures Corporation
Chief Quality Officer and Executive Director of Corporate Governance & Compliance
Senior Vice President of Technology Group
Compensation as of Fiscal Year 2017.

Concurrent Technologies Corporation Key Developments

Concurrent Technologies Corporation to Launch New Center for Advanced Nuclear Manufacturing

Concurrent Technologies Corporation, or CTC, has announced that it will operate the new Center for Advanced Nuclear Manufacturing, or CANM, to solve issues, conduct design for manufacturing analysis, and prototype new component designs. The future of nuclear energy will see the emergence of next-generation power plants, commonly referred to as Small Modular Reactors (SMRs) and Advanced Reactors (ARs). It's projected that hundreds of these SMR/AR systems will be needed by the late 2030s, but a critical gap exists in providing proven applied advanced manufacturing technologies in this emerging field. A fundamentally different approach will be needed for the SMR/AR systems compared to the current Light Water Reactor systems. The newer reactors are relatively compact and capable of generating up to 600 MW of power. They can be "factory produced" and transported in a few sections to a designated location for assembly. In addition, these reactors employ passive safety technologies that make them safer to operate. This novel manufacturing approach will challenge both nuclear suppliers and regulators. Numerous technical issues must be considered to facilitate efficient SMR/AR production, from addressing supply chain capabilities to developing mechanized/automated manufacturing processes to support higher demand volumes. These challenges led the US Nuclear Infrastructure Council's (NIC) Manufacturing and Supply Chain Working Group and NIC member companies to establish a concept for the CANM.

Concurrent Technologies Corporation Wins Contract to Build Additional Antenna Mast Components for Navy Surface Ships

Concurrent Technologies Corporation has been awarded a contract from ArgonST to construct the internal component of antenna masts for Navy Surface Ships. This contract is the sixth that CTC has won to manufacture these components. About a dozen CTC employees will contribute to the work on this contract. Most of the work will be done at CTC in its Johnstown Environmental Technology Facility, but some tasks have been subcontracted to regional vendors in Johnstown, Altoona, Blairsville, and Mundy’s Corner, Pennsylvania. In addition to the hands-on manufacturing work, CTC will provide documentation on part inspection, certifications, coatings, and non-destructive evaluation.

Concurrent Technologies Corporation Wins $248.6 Million Contract

Edward J. Sheehan, Jr., President & Chief Executive Officer of Concurrent Technologies Corporation announced that CTC has been named an awardee on a $248.6 million contract from the U.S. Army Research Laboratory to provide Persistent Surveillance-Intelligence Surveillance and Reconnaissance (PS-ISR) Technology Research and Development Services. This Multiple Award, Indefinite Delivery Indefinite Quantity (IDIQ), Cost Plus Fixed Fee (CPFF) contract was awarded under full and open competition and has a duration of five years. Under this contract, Contractors will be given an opportunity to compete for Task Orders to support the Sensors and Electron Devices Directorate (SEDD), ISR Technology Integration Branch of the United States Army Research Laboratory (ARL). The mission of the ARL SEDD is to research, develop, and operate sensors and electron devices to ensure U.S. military superiority and to provide the U.S. Army effective intelligence and information tools, guaranteeing soldiers™ information dominance needed in battlefield.

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