Welcome to our dedicated page for Castellum news (Ticker: CTM), a resource for investors and traders seeking the latest updates and insights on Castellum stock.
Castellum, Inc. reports news on its federal-government technology services business, including cybersecurity, electronic warfare, software engineering, information technology, and mission-support work. Company updates commonly cover financial results, organic revenue growth, backlog, prime contract wins, recompete awards, and work performed through subsidiaries and joint ventures for defense customers.
Recurring developments also include CMMC Level 2 C3PAO certification, balance-sheet actions such as debt retirement, business development investments, M&A strategy, and product or capability expansion in areas such as extended reality, digital engineering, model-based systems engineering, artificial intelligence, and machine learning-enabled applications.
Castellum (NYSE-American: CTM) announced a $4 million U.S. Navy subcontract awarded to subsidiary Specialty Systems (SSI) to modernize the Aircraft Data Management and Control System (ADMACS), a mission-critical carrier aviation command-and-control application.
SSI will act as lead system integrator, using a phased “vertical slice” approach that spans software modernization, containerization, automated testing, DevSecOps integration, and technical documentation. Management highlights this win as expanding Castellum’s higher-value Navy software and modernization portfolio and supporting expectations for sustained organic growth.
Castellum (NYSE:CTM), a cybersecurity, electronic warfare, and software services company focused on the U.S. federal government, announced that President and CEO Glen Ives will present at the Maxim Group Defense Tech and Domestic Supply Chain Virtual Conference on June 25, 2026, at 10:00 a.m. ET.
The virtual one-on-one fireside chat will cover Castellum’s approach to closing capabilities and domestic supply chain gaps in defense tech and bringing new technologies to market.
Castellum (NYSE-American: CTM) announced that joint venture CTM JV, LLC won a position on the U.S. Navy's Logistics IT Integration and Support (LIIS) Capability Modernization, Deployment, and Support Multiple Award Contract.
The IDIQ vehicle has a total maximum value of about $250 million and includes 59 companies competing for task orders.
Castellum (NYSE:CTM) reminds stockholders that its 2026 Annual Meeting will be held on Tuesday, May 19, 2026 at 10:00 a.m. ET. Eligible stockholders are those of record as of March 20, 2026.
The meeting can be attended in person in Tysons, Virginia or via live audio webcast, with advance voting encouraged by internet, telephone, or mail. A management presentation and Q&A will follow, with slides posted under the Investor section of Castellum’s website.
Castellum (NYSE-American: CTM) reported Q1 2026 results for the quarter ended March 31, 2026: revenue $14.3M (+23% YoY), gross profit $5.1M, adjusted EBITDA $0.4M, and net loss $0.4M. Cash was $15.8M and the company eliminated long-term debt. Backlog reached a record $273.3M and qualified pipeline was $938M.
The revenue increase reflects ramp-up of long-term contracts won in 2025; management expects ~16% of backlog to be recognized in the next 12 months and ~49% in 24 months.
Castellum (NYSE-American: CTM) reported unaudited results for year ended December 31, 2025: revenue $52.9M (up 15.2% vs 2024), operating loss improved to $2.8M, net loss to common shareholders was $2.5M, and Adjusted EBITDA $1.0M. Total cash rose to $14.9M and debt fell to $0.4M. Management cited organic growth, three prime contract wins, equity raises and reinvigorated M&A activity as drivers of improved liquidity and operating performance. Audited Form 10-K expected on or before March 9, 2026.
Castellum (NYSE‑American: CTM) announced it has retired the final $400,000 note payable, leaving the company debt‑free and with more than $14M in cash.
The company highlighted three recent prime contract wins totaling just over $219M across multi‑year awards and said it is pursuing an accretive acquisition within 12 months as it transitions to Phase 3.
Castellum (NYSE‑American: CTM) announced that its SSI subsidiary was re‑awarded a $49.8 million, five‑and‑a‑half‑year contract for Software Support Activities (SSA) at NAWCAD Lakehurst to provide SSA and cyber engineering for mission‑critical ALRE systems.
This is SSI’s third win and second recompete on the NAWCAD LKE Contract and represents the fourth‑largest contract in Castellum history. Castellum also reported three major prime wins totaling > $219 million in the past year, including a $103.3M five‑and‑a‑half‑year Special Missions contract and a $66.2M five‑year logistics and cyber support contract.
Castellum (NYSE-American: CTM) CEO Glen Ives provided a year-end shareholder update on Dec 9, 2025, summarizing 2025 progress and 2026 priorities. Key achievements include a $103.3M five-and-a-half year prime contract for Naval Air Systems Command Special Missions, a $66.2M five-year contract awarded to subsidiary Specialty Systems, Inc., and multiple Missile Defense Agency SHIELD IDIQ awards to CTM and its JVs.
The company reported > $25M raised in gross proceeds, notes payable reduced to $400,000, new mentor-protégé JVs, an xRA prototype for AR support, and a strengthened balance sheet and bid pipeline heading into 2026.
Castellum (NYSE-American: CTM) announced on Dec 8, 2025 that multiple subsidiaries and mentor-protégé joint ventures were awarded contracts under the Missile Defense Agency SHIELD Multiple Award IDIQ vehicle. The awards cover classified and unclassified programs across multi-domain missile-defense missions including ballistic, hypersonic, and cruise threats and support delivery of AI/ML-enabled, digital-engineering and open-systems solutions.
The contracts aim to accelerate fielding of layered, integrated protection across land, sea, air, space, and cyberspace and leverage model-based systems engineering and agile processes to speed capability delivery to warfighters.