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Castellum Wins $3.2 Million Naval Air Warfare Center Aircraft Division Contract
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Castellum Wins $3.2 Million Naval Air Warfare Center Aircraft Division Contract
Jan 14, 2025 7:56 AM

10:31 AM EST, 01/14/2025 (MT Newswires) -- Castellum (CTM) said Tuesday its Specialty Systems unit has been awarded a $3.2 million, 18-month contract to support the Naval Air Warfare Center Aircraft Division - Lakehurst.

The project focuses on enhancing the Cyber-Supply Chain Risk Management capabilities for Aircraft Launch and Recovery Equipment mission systems, the company said.

The initiative will improve software and hardware supply chain oversight, including an automated ALRE Cyber Signature Assessment framework, the company said.

Castellum shares were 36% higher in recent trading.

Price: 0.95, Change: +0.23, Percent Change: +32.11

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