Castellum Subsidiary Awarded $66.2 Million Navy Support Services Contract

MT Newswires Live
Nov 01

Castellum (CTM) shares were up over 20% in recent trading on Friday after the company said its subsidiary Special Systems was awarded a $66.2 million full and open, five year contract for services in support of the US Navy's Naval Air Warfare Center Aircraft Division Lakehurst in New Jersey.

Under the contract, Special Systems will provide logistics, engineering, cyber support services to the facility's Mission Operations & Integration Department, the company said.

Price: 1.24, Change: +0.21, Percent Change: +20.39

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