Concurrent Technologies Corporation (CTC) helps customers keep pace with all the current technologies. The not-for-profit research and development organization provides IT services to public and private sectors, although it primarily serves the needs of the Department of Defense and about 20 other federal departments. CTC provides training, rapid prototyping, studies and analysis, network design, project management, design and development, and systems integration. It serves clients in advanced materials and manufacturing, IT, healthcare, energy, environmental sustainability, training, and intelligence, among others. CTC has about 50 locations across the US and one in Canada.
In the US, CTC operates in Alabama, Florida, Georgia, Indiana, Maryland, Michigan, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, and Virginia.
The defense-oriented company moved into the growing field of healthcare in 2011 when its for-profit wing, Enterprise Ventures, purchased healthcare consulting and IT company Coremotive. The move expands CTC's efforts outside the government sector and gives Coremotive access to CTC's research efforts.
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Representing a total gross value of $130 million, CTC's 109 new contracts in FY2012 contributed some $22 million to revenue.
In addition to a long list of US government agencies, CTC clients have included a handful of state governments along with Alcoa, Corning, Goodrich, General Electric, Lockheed Martin, and the United Nations.