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Shield appoints Matt Ofilos as chief financial officer

November 10, 2026, 18:01By the AI News Bites Editorial TeamSource: Shield AI
Shield appoints Matt Ofilos as chief financial officer
Image: Shield AI

Shield has appointed Matt Ofilos as its chief financial officer, adding a finance executive with experience across national security, defense technology and infrastructure markets. He joins the company from Parsons Corporation, where he became CFO in 2022.

Key points
  • Shield appointed Matt Ofilos as chief financial officer on November 10, 2026.
  • Ofilos joins from Parsons Corporation, where he became CFO in 2022.
  • He previously led finance for AWS Worldwide Public Sector.
  • He spent almost two decades in finance leadership roles at Raytheon.
  • Shield says it is experiencing significant growth across every part of its business.

Ofilos brings defense and technology finance experience

Ofilos joined Parsons in 2021 and was named chief financial officer the following year. Parsons is described by Shield as a global technology solutions company serving the national security and infrastructure markets.

Before joining Parsons, Ofilos served as CFO of Amazon Web Services’ Worldwide Public Sector. Earlier in his career, he spent almost two decades at Raytheon in finance leadership roles covering space, cyber, training and simulation, and air and missile defense.

Ofilos holds an MBA from Boston University and a bachelor’s degree in finance from Babson College.

Shield links appointment to business growth

Shield CEO Gary Steele said Ofilos is joining at “a pivotal moment” as the company experiences “significant growth across every part of the business.” Steele said the demand ahead requires an executive who has led complex organizations across aerospace, technology and critical infrastructure.

“I look forward to his leadership as we continue to build a generation-defining defense technology company,” Steele said.

Ofilos said Shield has the “vision, culture, and momentum to be a leader in the defense technology industry.” He added that he is joining the company’s “mission-focused team” as it works to accelerate growth to meet global demand.

What the appointment means for Shield

The CFO appointment strengthens Shield’s leadership team with an executive whose career has focused on finance roles in sectors connected to national security and advanced technology. The company says this experience will support its growth as it develops and supplies intelligent defense systems.

Founded in 2015, Shield describes itself as a defense technology company focused on protecting service members and civilians with intelligent systems. Its products include Hivemind autonomy software, the V-BAT and X-BAT autonomous systems, and Aechelon simulation and synthetic reality technologies.

Shield says its offices and facilities span the United States, Europe, the Middle East and Asia-Pacific, and that its technology supports operations worldwide. The appointment therefore places Ofilos in a finance role at a company operating across multiple defense technology markets and regions.

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