When was Progeny Systems founded?

Progeny Systems was founded in 1995.

Where is Progeny Systems located?

Progeny Systems is headquartered in Manassas, United States.

How many employees does Progeny Systems have?

As of Jun 30, 2026, the latest employee count at Progeny Systems is 392.

Is Progeny Systems a funded company?

Progeny Systems is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Progeny Systems rank among its competitors?

Progeny Systems ranks 320th amongst 4403 active competitors, of which 102 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ITT, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Progeny Systems?

Progeny Systems' top competitors include Thales, Hinduja Leyland Finance and Kratos. Among them, ITT secured the most recent funding round in February, 2026.

Progeny Systems - 2026 Company Profile, Team & Competitors

Progeny Systems is an acquired company based in Manassas (United States), founded in 1995 by Walter Paul Kitonis. It operates as a Develops and produces innovative hardware and software solutions for the department of defense. The company has 4403 active competitors, including 102 funded and 330 that have exited. Its top competitors include companies like Thales, Hinduja Leyland Finance and Kratos.

Company Details

Website: progeny.net
Email ID: *****@progeny.net
Phone Number: +1 **********

Key Metrics

Founded Year

1995

Location

Manassas, United States

Stage

Acquired

Ranked

320^th among 4403 active competitors

Employee Count

392 as on Jun 30, 2026

Investment & Acquisitions

Lewis Brownlee & 1 more

Similar Companies

Thales & 2088 more

Exit Details

Acquired by General Dynamics (Aug 12, 2022)

View Progeny Systems' full profile

Progeny Systems got acquired by General Dynamics on Aug 12, 2022.

Click here to take a look at Progeny Systems's acquisition in detail

Progeny Systems has not raised any funding rounds yet.

The founders of Progeny Systems is Walter Paul Kitonis.

Here are the details of Progeny Systems' key team members:

Walter Paul Kitonis: Former Founder of Progeny Systems.

View details of Progeny Systems's Founder profiles and Board Members

Progeny Systems' employee count trend

Progeny Systems has 392 employees as of Jun 26. Here is Progeny Systems's employee count trend over the years:

Employee count trend for Progeny Systems

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Top competitors of Progeny Systems include Thales, Hinduja Leyland Finance and Kratos. Here is the list of Top 10 competitors of Progeny Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thales 1893, Paris (France), Public	AI-based software suites for navigation applications	-	VentureTech Alliance, Corda Campus & 3 others	82/100
2nd	Hinduja Leyland Finance 2008, Chennai (India), Series C	Real estate financing firm	$276M	Everstone Capital, IndusInd International Holdings ... & 25 others	75/100
3rd	Kratos 1994, San Diego (United States), Public	Provider of AI and cloud-based platforms and products for national security	-	Vintage Capital Management, Oak Investment Partners ... & 2 others	74/100
4th	RTX 1922, Arlington (United States), Public	Developer of transformative technologies	-	National Science Foundation, OSTI & 4 others	71/100
5th	Northrop Grumman 1939, Falls Church (United States), Public	Provider of non-combat aircraft systems for aerospace and defense industries	-	JANA Partners, Poku Capital & 5 others	71/100
6th	Airbus Official 2000, Blagnac (France), Public	Manufacturer of commercial aircraft, helicopters, satellites, and launch vehicles	-	Jindal ventures, Soor Capital & 8 others	71/100
7th	Boeing 1916, Arlington (United States), Public	Manufacturer of commercial jetliners, defence, space and security systems	-	Public Investment Fund, Osmium Global & 7 others	71/100
8th	BAE Systems 1999, London (United Kingdom), Public	Manufacturer of aerospace and submarine security systems	-	EnCore Group, TTV Capital & 8 others	70/100
9th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	68/100
10th	Sundaram Finance 1954, Chennai (India), Public	Provider of financial services including loans, fixed deposits, and insurance	-	Nalanda Capital, Catamaran	68/100
320th	Progeny Systems 1995, Manassas (United States), Acquired	Develops and produces innovative hardware and software solutions for the department of defense	-	-	30/100

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Progeny Systems has acquired 2 companies including Lewis Brownlee and JM Glendinning Financial Services. Progeny Systems has not made any investments as of now.

Here is the latest report on Progeny Systems's sector: