Castellum reports 2024 revenue of $44.8M, narrows operating loss; subsidiary wins $103.3M NAVAIR contract

Castellum, Inc.

Revenue $44.8M (down slightly from $45.2M in 2023); operating loss improved to $7.2M from $16.7M.
Adjusted EBITDA $0.8M (vs $0.2M); operating cash flow $1.1M; cash $12.3M, debt $10.7M.
GTMR subsidiary awarded $103.3M, 5.5-year NAVAIR PMA-290 Special Missions contract; largest ever for Castellum.
CEO expects strong YoY growth in 2025 on new contract wins; audited 10-K due by March 15, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.