Mikros Systems Corp., a Princeton-based advanced technology company, announced on Monday it has named Walter T. (Chuck) Bristow as president and chief operating officer, effective immediately.
Bristow will be responsible for the company’s daily operations, including contract administration, programs and engineering. He is replacing Mark Malone, who resigned as president.
“Chuck is a proven executive with substantial engineering, product development and project management experience,” Tom Meaney. CEO of Mikros Systems, said. “He has been with Mikros since 2003 and has been instrumental in the development and production of our proprietary condition-based maintenance solutions upon which we have built our defense business. His intimate knowledge of our current offerings, personnel and customer base made him the ideal candidate to succeed Mark Malone as we continue to pivot towards our ADSSS/SYM-3 program and securing multiple new SBIR grants in the fast growing fields of remote monitoring and augmented reality.”
Malone will continue to serve as director and to help with the transition, will act as a consultant, providing strategic planning and executive management services.
The company also announced that Lori Oglies has been promoted to vice president business development and programs. Olges has been with Mikros since 2016, most recently as a senior program manager.
“Having spent the better part of my career with Mikros, I am honored to be named President. I have worked closely with Tom since we began this journey into remote monitoring and condition-based maintenance and am very excited about the future of the company. I look forward to working with our talented engineers, program managers, and the rest of the Mikros team to build on our past successes to be the very best small business defense contractor focused on remote monitoring and prognostics and create value for our shareholders,” Bristow said.