Enterprise Ventures Corporation

What Enterprise Ventures Corporation does

Enterprise Ventures Corporation (EVC) is a privately held defense contractor and manufacturing firm headquartered in Johnstown, Pennsylvania, operating as the wholly-owned technology transition affiliate of Concurrent Technologies Corporation (CTC). Founded in 2000, EVC commercializes and industrializes advanced technologies developed by CTC and partners, delivering specialized hardware, coatings, and production services almost exclusively to U.S. federal government customers including the U.S. Navy, Army, Air Force, Coast Guard, Customs and Border Protection, and the FBI. The company runs two principal divisions—Manufacturing and Sustainment, and Coatings Products—from a 400,000+ square-foot facility housing office, laboratory, and demonstration space, and holds AS9100D:2016 certification for aerospace and defense design, manufacture, sustainment, and repair.

EVC's product portfolio centers on proprietary, specification-qualified defense items: the Carriage, Stream, Tow and Recovery System (CSTRS), an airborne mine countermeasure launch-and-handling system for the MH-60S helicopter and littoral combat ship for which EVC is the sole OEM and sustainment provider; CARC-E (TALON) and CARC-L chemical agent resistant coatings qualified to MIL-DTL-64159C; H-60 Bridge Tool Kits that reduce aircraft maintenance labor by up to 75%; and Quick Skive Removal Tools for composite surface maintenance. These are complemented by full-scale production services—manufacturing, assembly, testing, prototyping, and low-rate initial production (LRIP).

The business model is government-contract revenue: direct prime contracts and subcontracts (under primes such as Northrop Grumman, BAE Systems, Lockheed Martin, and General Dynamics), supplemented by the GSA OASIS+ Small Business contract vehicle for R&D and professional services. Pricing is predominantly quote-based with distinct commercial versus government price lists; only the Quick Skive tool line publishes tiered unit pricing with quantity discounts. Go-to-market is relationship-based enterprise field sales executed through dedicated contracts administrators and product business-development personnel.

Name

Enterprise Ventures Corporation

Legal name

Enterprise Ventures Corporation

Website

https://evc.ctc.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

EVC is a Johnstown, PA defense contractor and technology-transition affiliate of Concurrent Technologies Corporation, manufacturing proprietary coatings, the Navy CSTRS mine-countermeasure system, and aircraft maintenance tools, serving U.S. military branches and federal agencies.

Ownership category

akta.pro rank

Headquarters

HQ city

Johnstown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Government Defense Contracts: EVC operates as a defense contractor providing products and services to U.S. military branches including Navy, Army, and Air Force. Revenue comes from direct contracts and subcontracts with government agencies for specialized products, manufacturing, and sustainment services.
2. Specialized Defense Products: Sale of proprietary products including CSTRS systems, CARC coatings, H-60 Bridge Tool Kits, and Quick Skive Removal Tools to government and commercial customers.
3. GSA OASIS+ Professional Services: EVC is an awardee on GSA OASIS+ Small Business contract vehicle providing federal agencies access to research and development services across various disciplines.
4. Production Services: Full-scale manufacturing, assembly, testing, prototyping, and LRIP for highly-specialized complex systems and smaller fabricated parts and tools for government and commercial customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Enterprise Ventures Corporation (EVC) designs, manufactures, and sustains specialized defense products and provides production services for U.S. federal agencies and defense contractors. The company's proprietary product lines include the Carriage Stream Tow and Recovery System (CSTRS) for U.S. Navy airborne mine countermeasures, CARC-E (TALON®) and CARC-L chemical agent resistant coatings qualified to MIL-DTL-64159C, H-60 Bridge Tool Kits for H-60/S-70 aircraft maintenance, and Quick Skive Removal Tools for composite surface maintenance. EVC also offers full-scale manufacturing, assembly, testing, prototyping, and Low Rate Initial Production (LRIP) services through its AS9100D:2016 certified operations.

Product overview

Enterprise Ventures Corporation (EVC) is a defense contractor and technology transition affiliate of Concurrent Technologies Corporation, offering a portfolio of specialized products and production services. The product portfolio consists of specialized coatings (CARC-E TALON® and CARC-L Coating systems for military applications), aviation maintenance tools (H-60 Bridge Tool Deluxe Kit and Navy A & B Bridge Tool Kits for H-60/S-70 aircraft), the Carriage Stream Tow and Recovery System (CSTRS) for Navy airborne mine countermeasure operations with its associated CSTRS Trainer, and Quick Skive Removal Tools for composite surface maintenance. These products are complemented by production services including manufacturing, assembly, testing, and sustainment activities.

Differentiator

Problem solved

Functional benefit

Products and services

• CARC-E (TALON®) Coating System Chemical Agent Resistant Coating (CARC) with unique properties mitigating risk from advanced peer/near-peer threats, qualified to military specification MIL-DTL-64159C. Available in ground vehicle, maritime, and rotary wing variants for U.S. Army and other DoD applications.
• CARC-L Coating Low Solar Absorbing (LSA) CARC topcoat system qualified under MIL-DTL-64159C by U.S. Army DEVCOM Army Research Laboratory. Reduces solar loading on military vehicles and systems, with extreme durability and low VOC/HAP-free formulation.
• Carriage, Stream, Tow and Recovery System (CSTRS) Launch and handling system providing organic airborne mine countermeasure capability from MH-60S helicopters and Littoral Combat Ships. Enables deployment of towed and non-towed mine countermeasure sensors and UUVs for rapid response to mine threats. EVC is the sole OEM for all manufacturing, testing, and sustainment.
• H-60 Bridge Tool Deluxe Kit Purpose-built toolkit for removal and installation of forward and aft bridge assemblies on H-60 and S-70 aircraft. Materials and coatings designed to eliminate maintenance-induced damage, achieving 100% first-pass quality yield and 48-52 labor hour savings per transmission removal event. NSN 5180-01-682-8374.
• H-60 Navy A & B Bridge Tool Kits Two specialized tool kits designed for removal and installation of bridge assembly components on SH-60, MH-60R, MH-60S, and S-70 aircraft. Navy A kit (NSN 5210-01-583-1759) and Navy B kit (NSN 1720-01-662-5673).
• Quick Skive Removal Tools Hand and power tools with ergonomically designed handles and nonmetallic blades for removing sealants, gap fillers, antenna gaskets, and coatings from fragile composite and scratch-prone surfaces without damage. Approved for U.S. Air Force, Army, and Navy aviation and missile maintenance operations.
• Production Services Full-scale manufacturing, assembly, testing, prototyping, and Low Rate Initial Production (LRIP) services for highly-specialized complex systems and smaller fabricated parts and tools, available to government and commercial customers. AS9100D:2016 certified with up to 200,000 square feet of manufacturing, assembly, test support, and secure inventory floor space.
• GSA OASIS+ Professional Services Research and development and professional services delivered through the GSA OASIS+ Small Business contract vehicle, providing federal agencies streamlined procurement access. Supports task orders of all contract types with worldwide performance scope.

Quantifiable outcome

• 75% less labor required for bridge 5-pack removal per aircraft using H-60 Bridge Tool Kits
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Varley Group / Varley USAminorStrategic or Co-development Partner · 21 May 2015Strategic alliance formed between Varley Group and its subsidiary Varley USA with Concurrent Technologies Corporation and its affiliate Enterprise Ventures Corporation. The partnership released a catalogue featuring new-age military technology to support global aerospace and defense.
• Concurrent Technologies Corporation (CTC)coreStrategic or Co-development PartnerCTC is EVC's parent company and the technology transition affiliate relationship. EVC was incorporated in 2000 as the technology transition affiliate of CTC. EVC leverages CTC's engineering design and development capabilities to manufacture products and transfer technologies to the marketplace.
• Northrop GrummanminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with Northrop Grumman.
• BAE SystemsminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with BAE Systems.
• Lockheed MartinminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with Lockheed Martin.
• General DynamicsminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with General Dynamics.
• Booz Allen HamiltonminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with Booz Allen Hamilton.
• LeidosminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with Leidos.
• CACIminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with CACI.
• AECOMminorOthersEVC operates as subcontractor through various government contract vehicles. Listed as a contracting partner relationship with AECOM.
• Lukos-VATC Joint VentureminorOthersEVC partners through Lukos-VATC Joint Venture for government contracting opportunities.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mercury Systems: Defense electronics manufacturer specializing in mission-critical processing subsystems. Similar in serving defense primes with specialized, qualified, and proprietary products.
• HEICO: Aerospace and defense parts manufacturer with FAA-PMA and proprietary product lines serving commercial and military aviation. Comparable model of proprietary niche parts with sole-source positioning.
• Ducommun: Aerospace structures and electronic systems manufacturer serving DoD primes and government customers. Similar profile of proprietary manufacturing under AS9100 quality standards for defense applications.
• Hentzen Coatings: Specialty aerospace and defense coatings manufacturer. Most directly comparable to EVC's CARC-E and CARC-L product line, competing in MIL-spec qualified military coatings.
• AeroVironment: Specialty defense contractor producing unmanned aircraft systems and tactical systems. Comparable as a small-cap, mission-focused defense company with proprietary sole-source product positions.
• Kaman Aerospace: Mid-sized aerospace and defense manufacturer producing specialty components, structures, and systems for military and commercial customers. Comparable in size, product mix, and defense customer base.
• Carboline: Specialty manufacturer of protective coatings for industrial, marine, and military applications. Comparable in producing qualified protective coatings for DoD vehicles, ships, and aircraft.
• Concurrent Technologies Corporation: Non-profit defense R&D organization and parent of EVC. Closely aligned through technology transfer and shared customer base; provides R&D input that EVC commercializes into products.

Broad incumbents

• PPG Aerospace: Global aerospace and military coatings supplier. Competes directly in CARC and military topcoat markets against EVC's TALON and CARC-L products, but at significantly larger scale.
• Curtiss-Wright: Established defense/aerospace manufacturer with a portfolio of engineered products and systems for naval, ground, and aerospace applications. Comparable in defense niche manufacturing and government customer base but at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSmNwaN_OH4oMmUaMXt3Jbg
• Facebookfacebook.com/EnterpriseVenturesCorporation/?fref=ts&ref=br_tf
• LinkedInlinkedin.com/company/5710998

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enterprise Ventures Corporation