John Wilcox and Matt Jones, highly regarded industry executives, have joined Sigma Defense as Chief Executive Officer and President, respectively. Messrs. Wilcox and Jones have extensive experience working with AISR data transport for mission-critical applications. Mr. Wilcox previously served as Chief Information Officer of USSOCOM, where he was responsible for developing the AISR roadmap and for implementing innovative technology and systems for sensor data transport to ensure that high-definition full motion video data can be securely transmitted from the field and accessible to commanders and users in real time. Mr. Jones previously served as President of SAP NS2 Mission Systems where he oversaw a portfolio of diverse Signals Intelligence and ISR contracts.

Scott Ritchie and Thor James, Sigma Defense’s founders will remain with the Company as Chief Growth Officer and Chief Operating Officer, respectively, and retain a significant equity ownership.

Mr. James said, “Scott and I are very proud of what Sigma Defense has accomplished since we founded the company fifteen years ago. In particular, we have earned the confidence of important government agencies and we are grateful for their continued support. We have long believed that our business could do more for these customers and others by expanding our capabilities and entering new markets. We have known John Wilcox since the beginning and believe that he and Matt Jones have the background and experience to help move us forward. We look forward to working closely with them in our new senior roles.”