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Edward J. Sheehan, Jr. will retire as President and CEO of Concurrent Technologies Corporation (CTC) on June 30, 2026, after 33 years with the organization, including 18 years in the leadership role. Under his tenure, CTC completed a new 10-year strategic plan in 2025, aimed at advancing its mission to safeguard national security and bolster American manufacturing.

The CTC Board of Directors has begun a search for his successor. In the past 12 months, CTC reported approximately $36.4 million in unclassified prime contract revenue, with 51.6% from Navy work and 40.9% from the General Services Administration. Sheehan plans to maintain a relationship with CTC post-retirement while focusing on community service and family.