Castellum (CTM) said Friday its Global Technology and Management Resources unit was awarded a $103.3 million, five-and-a-half-year contract to support the Naval Air Systems Command's special missions program.
The company said it will provide engineering, logistics, training, and acquisition support for intelligence, surveillance, reconnaissance, and targeting programs.
The contract, the largest in the company's history, is set to begin next month, Castellum said.
Castellum shares were 10% higher in recent trading.
Price: 1.09, Change: +0.16, Percent Change: +16.67
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.