Castellum (NYSE: CTM) JV lands role on $250M U.S. Navy IT MAC
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Castellum, Inc. reported that its joint venture CTM JV, LLC has secured a position on the U.S. Navy’s Logistics IT Integration and Support Capability Modernization, Deployment, and Support Multiple Award Contract. The contract vehicle has a total maximum value of approximately $250 million.
The award is an indefinite delivery/indefinite quantity structure, where the Navy will competitively issue task orders for specific logistics IT projects. Castellum is one of 59 companies selected to modernize IT systems that support naval maintenance, supply chain, product lifecycle management, data environments, and related infrastructure.
Positive
- None.
Negative
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Insights
Winning a spot on a $250M Navy IT vehicle expands Castellum’s potential pipeline but does not guarantee revenue.
Castellum gained a place on the Navy’s LIIS CMDS Multiple Award Contract, an IDIQ vehicle with a total maximum value of $250 million. Under this format, the Navy will issue competitive task orders among 59 selected companies for specific logistics IT projects.
This structure creates a multi-year channel of opportunities in naval logistics IT, software engineering, and DevSecOps, but actual revenue will depend on winning individual task orders and their scope. The filing highlights management’s view that participation in larger IDIQ vehicles like LIIS CMDS MAC supports their strategy to pursue more complex prime contracts and build an organic growth pipeline.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Contract vehicle ceiling: $250 million
Number of awardees: 59 companies
Trading symbol: CTM
+2 more
5 metrics
Contract vehicle ceiling
$250 million
Total maximum value of LIIS CMDS MAC
Number of awardees
59 companies
Firms selected to support Navy logistics IT modernization
Trading symbol
CTM
Common stock listed on NYSE American
Par value per share
$0.0001 per share
Common stock par value
Exhibit 99.1 date
June 15, 2026
Press release date describing Navy contract vehicle
Key Terms
indefinite delivery/indefinite quantity, Multiple Award Contract, DevSecOps, forward-looking statements, +1 more
5 terms
indefinite delivery/indefinite quantity financial
"The MAC is structured as an indefinite delivery/indefinite quantity ("IDIQ") contract vehicle"
A contract type where a buyer agrees to purchase an unspecified number of goods or services over a set period, with the seller receiving individual orders as needs arise. Think of it like a standing grocery order: the store promises to buy whatever supplies it needs up to an agreed limit, but exact timing and quantities are decided later. For investors, such contracts can signal a steady potential revenue stream and backlog visibility, while leaving some uncertainty about timing and total value.
Multiple Award Contract financial
"Capability Modernization, Deployment, and Support ("CMDS") Multiple Award Contract ("MAC")"
A multiple award contract is a purchasing arrangement where a buyer, often a government agency, pre-qualifies several suppliers to provide the same goods or services under shared terms so those buyers can place individual orders from any of the approved vendors. For investors, it matters because winning a spot on such a contract can create a steady, predictable pipeline of potential work and revenue, though actual sales depend on how many orders a company wins compared with its competitors.
DevSecOps technical
"as part of or within the integrated platform and DevSecOps pipeline"
DevSecOps is the practice of building security checks into the whole software creation and delivery process instead of treating security as a separate step at the end. For investors, it matters because products that find and fix vulnerabilities earlier tend to ship faster, cost less to maintain, and carry lower risk of damaging breaches or regulatory fines — much like installing quality and safety checks on a car while it’s being assembled rather than after it leaves the factory.
forward-looking statements regulatory
"This release contains forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Cybersecurity technical
"a cybersecurity, electronic warfare, and software services company focused on the federal government"
Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): June 15, 2026
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(c)). | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
Item 8.01 Other Events.
On June 15, 2026, Castellum, Inc. issued a press release announcing its joint venture has won a position on a $250 million U.S. Navy logistics IT multiple award contract. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Exhibit Title | ||||
| 99.1 | Press Release dated June 15, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| CASTELLUM, INC. | |||||||||||||||||
| Date: June 15, 2026 | By: | /s/ Glen R. Ives | |||||||||||||||
| Name: | Glen R. Ives | ||||||||||||||||
| Title: | Chief Executive Officer (Principal Executive Officer) | ||||||||||||||||
Exhibit 99.1
Castellum Joint Venture Wins Position on $250 Million U.S. Navy Logistics IT Multiple Award Contract
VIENNA, Va., June 15, 2026 (GLOBE NEWSWIRE) – Castellum, Inc. (NYSE-American: CTM) ("Castellum" "CTM", or the "Company"), a cybersecurity, electronic warfare, and software services company focused on the federal government, announced today that its joint venture CTM JV, LLC has been awarded a contract to the Logistics IT Integration and Support ("LIIS") Capability Modernization, Deployment, and Support ("CMDS") Multiple Award Contract ("MAC"). The MAC is structured as an indefinite delivery/indefinite quantity ("IDIQ") contract vehicle, under which the United States Navy will competitively award individual task orders for specific projects, with a total maximum value of approximately $250 million.
The LIIS CMDS MAC is designed to address the need for a full range of Logistics Information Technology ("LOG IT") requirements by providing continuous CMDS of the Naval Maintenance, Repair and Overhaul ("N-MRO"), Naval Supply Chain Management ("N-SCM"), Naval Product Lifecycle Management ("N-PLM"), Logistics Integrated Data Environment ("L-IDE"), and Integration and Infrastructure ("I&I") capability solutions as part of or within the integrated platform and DevSecOps pipeline.
The United States Navy will use this MAC to procure a broad range of LOG IT services within the scope of the contract. The Navy has selected 59 companies to support modernization of the IT systems behind its maintenance and logistics operations. The tasks and detailed requirements for LOG IT services will be defined in the requirement documents for each individual task order.
"This award reflects the strength of our naval logistics IT, software engineering, and DevSecOps capabilities," said Drew Merriman, Chief Operating Officer of Castellum. "The LIIS CMDS MAC gives our team a direct lane to compete for task orders that modernize the systems the United States Navy relies on to maintain, supply and sustain the fleet."
Glen Ives, President and Chief Executive Officer of Castellum, added, "Securing a position on this vehicle deepens our already very strong relationship with the United States Navy and adds a multi-year pipeline of task order opportunities. It also reflects the continued success of our strategy to pursue and win a greater number of larger, more complex prime contracts across the United States Navy and other key customers. As we continue to qualify for and participate in larger IDIQ contract vehicles like LIIS CMDS MAC, we are expanding and strengthening our pipeline of higher-quality opportunities, which we believe will support sustained organic growth across our subsidiaries."
About Castellum, Inc.
Castellum, Inc. (NYSE-American: CTM) is a technology company focused on leveraging the power of information technology to help solve our Nation's most pressing national security challenges. CTM provides U.S. government and commercial clients with Cybersecurity, Software Development, Systems Engineering, Information / Electronic Warfare, Program Support, and Data Analytics services. It also offers subject matter expertise in artificial intelligence / machine learning, 5G technologies, model-based systems engineering, program management, information assurance, intelligence analysis, and CMMC compliance. In addition to constantly innovating and enhancing its organic capabilities, Castellum is executing strategic acquisitions of firms that share our passionate commitment to U.S. national security and have a history of bringing exceptional value to their clients. For more information visit: https://castellumus.com.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 2lE of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company's expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as "estimate," "project," "believe," "anticipate," "shooting to," "intend," "in a position," "looking to," "pursue," "positioned," "will," "likely," "would," or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations for revenue growth and new customer opportunities, including opportunities arising from the LIIS CMDS MAC award to support the United States Navy, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company's control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company's ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company's revenue due to a delay in the U.S. Congress approving a federal budget; and the Company's ability to maintain the listing of its common stock on the NYSE American LLC. For a more detailed description of these and other risk factors, please refer to the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission ("SEC") which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or the future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.
Contacts:
Castellum, Inc.
1934 Old Gallows Road, Suite 350
Vienna, VA 22182
Investor Relations:
The Equity Group
Lena Cati
(212) 836-9611
lena.cati@theequitygroup.com
Val Ferraro
(212) 836-9633
val.ferraro@theequitygroup.com
FAQ
What contract did Castellum (CTM) announce in this 8-K filing?
Castellum announced its joint venture CTM JV, LLC won a position on the U.S. Navy’s LIIS CMDS logistics IT Multiple Award Contract, an IDIQ vehicle with a total maximum value of approximately $250 million for competitively awarded task orders.
What type of work will Castellum’s joint venture perform under the LIIS CMDS MAC?
The vehicle covers a full range of Logistics Information Technology services, including modernization and continuous support for naval maintenance, supply chain, product lifecycle management, data environments, and integration and infrastructure, all within an integrated platform and DevSecOps pipeline framework.