Castellum Subsidiary Awarded $3.2 Mln Contract To Enhance Cybersecurity For Naval Air Systems

(RTTNews) - Castellum, Inc. (CTM), a company specializing in cybersecurity, electronic warfare, and software engineering services for the federal government, Tuesday announced that its subsidiary, Specialty Systems, Inc., has secured a $3.2 million, 18-month contract.

The contract will support the Naval Air Warfare Center Aircraft Division at Lakehurst in bolstering the Cyber-Supply Chain Risk Management capabilities for Aircraft Launch and Recovery Equipment mission systems.

The primary goal of this initiative is to enhance the supply chain management of both software and hardware within ALRE systems, addressing the growing need for stronger cybersecurity and system integrity across the supply chain. Castellum's solution will provide a comprehensive, automated framework for an enterprise-wide ALRE Cyber Signature Assessment, a crucial step in fortifying these critical systems.

By enhancing the security and management of ALRE systems, this initiative will help ensure the integrity of mission-critical systems used by the U.S. Navy.

CTM closed Tuesday's trading at $0.84 up 22.76 percent or $0.16 on the New York Stock Exchange.