Concurrent Technologies Corp. is increasing its investments in three strategic focus areas – digital engineering, artificial intelligence and machine learning and cybersecurity – to develop technological capabilities meant to support the missions of Department of Defense, Intelligence Community and federal agency customers.
CTC President and CEO Ed Sheehan and Jeffrey Harris, chair of CTC’s board of directors, announced the move in a leadership letter included in the company’s recently released annual report.
In the report, the company cited how it works to help DOD and IC agencies analyze data and detect malware attacks through the development of algorithms using AI and ML technologies and how it ensures the security of information technology infrastructure and software through DevSecOps.
Sheehan and Harris said the company established a new division focused on developing innovative platforms to address climate resiliency and energy security issues and appointed technical management professional Susan Van Scoyoc as executive director of the newly created energy, resilience and sustainability division.
The two CTC leaders mentioned several technical highlights in 2023, including the production of large friction stir weldments for the U.S. Navy’s Mark VI patrol boats and efforts to improve the design of small caliber ammunition in support of the U.S. Army.
According to Harris and Sheehan, the company’s workforce supports its tech capability development efforts. CTC hired 56 employees in fiscal year 2023 with plans to employ 65 additional personnel in FY 2024.