Castellum CEO letter highlights $103.3M contract win, debt reduction to under $5M

Castellum, Inc.

Won largest prime contract in CTM history: $103.3M, 5.5-year Special Missions support for NAVAIR PMA 290.
Raised over $16M via public offerings and warrant exercises; long-term debt reduced to less than $5M.
Established two mentor-protégé JVs with woman-owned and native Hawaiian organizations; new advanced tech subsidiary.
CEO reports improved CPARS, increased proposal volume/quality, and a strengthened leadership team.

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