By Guy Taylor Concurrent Technologies, a designer of computer products for the aerospace sector, has bagged two new contracts via its recently acquired subsidiary, Philips Aerospace. The total value of the contracts comes to $518k (£405,262) and one of the providers is known to be a US-based defence company. Concurrent Technologies acquired Phillips Aerospace in September in a deal valued at $3.38m (£2.64m). One deal will provide Phillips with conduction cooled chassises, with the company undertaking the design engineering, production and testing. Concurrent Technologies said “follow on orders…