October 24, 2016 4:30 PM ET

Professional Services

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. It undertakes applied scientific research and development activities on behalf of its clients; and provides solutions for quality improvement, effectiveness enhancement, and technology transition and deployment. It offers acquisition support; decision support; design and development; information management; knowledge management; modeling and simulation; program and project management; prototyping; research, development, testing, and evaluation; studies and analysis; software engineerin...

100 CTC Drive

Johnstown, PA 15904-1935

United States

Founded in 1987





Key Executives for Concurrent Technologies Corporation

Vice Chairman, Chief Executive Officer and President
Chief Financial Officer, Senior Vice President, Treasurer and Director
President of Enterprise Ventures Corporation
Chief Technical Officer and Senior Vice President
Senior Vice President of Technology Group
Compensation as of Fiscal Year 2016.

Concurrent Technologies Corporation Key Developments

Concurrent Technologies Corporation Appoints David H. Artman, P.E., Ph.D. as Senior Vice President, Engineering Group

Concurrent Technologies Corporation appointed David H. Artman, P.E., Ph.D. to the position of Senior Vice President, Engineering Group. Artman, who has more than 40 years of experience, will oversee the activities of over 200 technical and business development staff members and lead the development of breakthrough technologies consistent with client needs. Dr. Artman will focus on expanding business in the areas of Research, Development, Testing and Evaluation (RDT &E), weapons systems and platforms, and other areas of national R &D interest. Most recently, he served as senior vice president, Applied Research Associates Inc. and previously, as vice president at ERES Consultants Inc.

Concurrent Technologies Corporation Wins $2.2 Million Defense Logistics Agency Contract for Diminishing Manufacturing Sources Shared Data Warehouse Sustainment and Support

Concurrent Technologies Corporation announced that it has been awarded a contract from the Defense Logistics Agency (DLA). The contract, which includes a base period and two option years, will run through March 2018 and be worth over $2.2 million if all options are exercised. The contract focuses on providing sustainment and support of the Diminishing Manufacturing Sources Shared Data Warehouse (DMS SDW). The DMS SDW supports the DLA Land and Maritime Diminishing Manufacturing Sources and Material Shortages (DMSMS) Program Office as well as the Department of Defense's (DoD's) obsolescence management program. The objective of the DMS SDW is to improve the sustainability of weapon systems by reducing the impact of DMSMS through more effective identification and management of obsolete parts across all Services and Agencies. CTC will provide support to the DLA Information Operations to ensure that DMS SDW is a viable and supportable program to enterprise-wide DLA sites and locations, the U.S. Air Force and the U.S. Marine Corps. The support includes, but is not limited to: Information Assurance, upgrades to software, server migration, changes to the DMS SDW applications, monitoring and testing of software, application testing, modification of training materials and/or manuals, and system testing support.

Concurrent Technologies Corporation Wins $5.9 Million Contract to Provide Continued Engineering and Technical Support for the Carriage, Stream, Tow & Recovery System

Concurrent Technologies Corporation has been awarded delivery orders totaling $5.9 million from Naval Surface Warfare Center Panama City Division (NSWC PCD) to continue work on the Carriage, Stream, Tow & Recovery System (CSTRS) program. These cost plus fixed fee delivery orders are to provide engineering services in support of CSTRS to incorporate airborne countermeasures capabilities. CTC has supported the CSTRS program through design, fabrication, testing, and integration. CSTRS provides the MH-60S helicopter with the widest, largest, minesweeping capability by making AMCM Systems deployable from U.S. Navy Littoral Combat Ships, allowing them to readily respond to mine threats.

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Recent Private Companies Transactions

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