r/Castellum_Inc_CTM

After months of previous attempts to negotiate a peaceful transfer of ownership of the subreddit and being turned down repeatedly, we have officially taken over the largest Castellum subreddit. This is a significant moment for all of us investors alike, for every shareholder who supported this community, and for everyone else who was ever unfairly removed from this community.

The previous owner of this subreddit banned a combined 500 members from this forum. Users were removed because they disagreed with the owner, asked questions he didn't welcome, or simply existed as a presence he didn't want in a space he treated as his own platform. The first actions we took upon taking ownership was to restore access to every single one of those members. Every user removed in this subreddit has been welcomed back, and every user who was previously banned under any established rule during that period has also been unbanned. We understand that these users didn't deserve what happened, and we're committed to ensuring that never happens again.

With that being said, here's what this community will look like going forward:

Whether you just joined this community and have no idea what Castellum is, or you just purchased your first shares of the company and are still trying to learn about what the company does, or you've spent months like us pulling information and studying Castellum and its growth with due diligence, you have a place here in this community. The goal has always been a community where the experience level doesn't get to determine your worth here as a member. The users asking foundational questions today is often the person contributing towards actual real and sourceable analysis eventually, and therefore we believe in that progression and we intend to support it.

The standard of information in this community will be changing. When something is confirmed either through an SEC filing, a federal contract database, a press release, or any verified source, we will distinguish that from a thesis, or an educated read on a pattern we're tracking, or a connection we believe is real but hasn't been publicly confirmed yet. This distinction matters because your decisions should be based on understanding not just what the information says but how solid the ground under it actually is. The community is gaining a bigger platform at exactly the right time, the contracts are continuing to be known, and Castellum's fundamentals are growing for every shareholder to see. We want to make sure we stay on top of this information so that the community can make the best informed decisions possible.

This subreddit serves as an open forum for questions, discussion, and news sharing while our Discord server is where the deeper research conversations will continue to happen. You may feel free to use one, use both, or move between them depending on what you need on a given day. The rules governing both communities are synchronized as the standard we set should be consistent regardless of which platform you desire to be more active on. On the subject of rules, we have them and we will enforce them but we are not a community that aims to be heavy-handed with moderation. As long as users are conducting themselves appropriately with the rules we've established, we have no interest in nitpicking or over-enforcing rules. This is meant to be an open, productive space for investor discussion and we trust the community to carry itself accordingly. With that being said, we will always continue to enforce, without exception, respect among all members in this server as well as any inappropriate content posted. Any messages, media, or discussion deemed too suggestive, explicit, or otherwise inappropriate for this server will be removed, and we ask that members show professionalism. This is subject to moderator discretion as we tend to be more laxed with regards to mems and other related forms of content.

Over the coming weeks, more information will be posted in the interest of communicating more effectively about the company, what it does, and much more. We anticipate that the website re-design launch for Castellum will provide much more information about their products and technology, of which are hugely important and valuable to understand their scope of work. We appreciate everyone who has been a part of this community and we look forward to continuing to build something valuable here together.

Discord server: https://discord.gg/DPb65tYcT

What’s been keeping CTM in this .69-.71 range for quite some time now? I know it spiked to .80 after the news but came right back down. I know the trend with CTM is good news = spike followed by a selling off that brings it back to where it was. But how come the price doesn’t fluctuate at all besides this song and dance?

VIENNA, Va., June 24, 2026 (GLOBE NEWSWIRE) -- Castellum, Inc. CTM ("Castellum," "CTM," or the "Company"), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced that its wholly owned subsidiary Specialty Systems, Inc. ("SSI"), has been awarded a $4 million directed subcontract to modernize the U.S. Navy's Aircraft Data Management and Control System ("ADMACS"). The award was issued under SAIC's prime contract on the General Services Administration ASTRO development/systems integration pool.

ADMACS is a mission-critical command and control application that coordinates carrier-based flight operations and aviation readiness across the fleet. Modernizing the system is central to keeping the capability reliable as the Navy's aviation systems evolve.

SSI will serve as the lead system integrator and will execute a phased modernization approach that begins with the selection and implementation of an initial ADMACS "vertical slice." In this role, SSI is responsible for technical planning, software modernization, containerization, automated testing, DevSecOps integration, technical documentation, and delivery of modernization artifacts.

This award strengthens Castellum's position across software engineering, DevSecOps, cybersecurity, and U.S. Navy mission-system sustainment by addressing one of the Department of War's most pressing challenges: extending the life of critical legacy systems while enabling faster delivery of new capability. SSI's disciplined, phased model uses representative "vertical slices" of system functionality to validate modernization across the user interface, application integration, containerized deployment, automated testing, and DevSecOps processes before scaling to broader system capabilities.

"This award reflects SSI's longstanding commitment to supporting the U.S. Navy's most critical aviation systems and our ability to modernize complex legacy applications without disrupting operational readiness," said Bob Swigon, Vice President of NAWCAD Lakehurst Operations. "ADMACS plays an important role in carrier aviation readiness, and this effort will help establish a sustainable path for future capability growth, improved affordability, and faster delivery of enhancements to the fleet as mission requirements evolve."

Glen Ives, President and Chief Executive Officer of

Castellum, added, "ADMACS is another vital warfighter mission requirement that has been awarded and entrusted to CTM because of our world class professionals, who know better than anyone how to leverage leading edge technology to enhance readiness and capabilities for our mission customers. ADMACS directly supports our aircraft carriers and airwings, and their ability to safely and effectively maximize flight operations and mission sorties in direct support of our national security objectives around the globe. Just as importantly for our shareholders, this win further strengthens our position as a trusted partner to the U.S. Navy, expands our portfolio of higher-value modernization work, and reinforces our confidence in delivering strong, sustained organic growth over the near and long term. Our team could not be more honored to support this crucial mission while continuing to enhance the quality, visibility, and durability of our

revenue."

HC1047-26-R-0015, Electromagnetic Spectrum (EMS) Services — Applied Engineering, Spectrum, and Electromagnetic Environmental Effects (E3) Engineering Analysis Support, is a contract which performs spectrum and E3 engineering to DoD. This contract has a ceiling of roughly $38.7 million, five-year base ordering period with the anticipated start date August 3, 2026

I can confirm that Peraton is the incumbent of the predecessor contract that was awarded, HC104721D0002, which they’ve held since 2021. That contract performance period has ended as of May 18, 2026. They’re bidding to win the recompete, and once they do, Corvus will continue to be a subcontractor to that award.

Also, based on my research, I think it is likely Corvus is actively working to be a subcontractor under the DOJ Civil Division 9/11 Victim Compensation Fund Modernization, 15JPSS24F00000502, held by Yudrio, Inc. with a $38.2 million contract value, awarded under GSA MAS five-year task order, Women-Owned Small Business set-aside. This is why the Instructional Designer job posting is important as the responsibilities enlisted directly link with this contract. Corvus is possibly looking to position as a subcontractor to Yudrio for the training and instructional design process of the myVCF rollout.

Corvus still has $28.9M ceiling remaining in its subcontractor award of $131 million, of which $103 million has already been paid.
https://www.highergov.com/subcontract/GS00Q14OADU117-47QFCA24F0006-PO-0058480/

The CTM Team is hard at work, and Corvus is another subsidiary they’re improving drastically. GTMR with the largest awarded contract in its history, SSI contracts to continue support systems engineering and development, and now Corvus as a highly valued subcontractor. Look very much forward to the next few quarters as Corvus continues to develop and grow as a crucial contributor to these projects.

Castellum (CTM) announced this morning that its subsidiary SSI was awarded a $4 million U.S. Navy ADMACS modernization subcontract, and the stock reacted positively in premarket trading.
In today’s livestream, I’ll be discussing:
• The new Navy contract and why management believes it’s important
• The upcoming Maxim Group Defense Tech Conference featuring CEO Glen Ives
• The Corvus acquisition and its relationship with Peraton
• Army Cyber Command funding tranches and what investors have been tracking
• The bullish and bearish arguments surrounding CTM
• Whether today’s market reaction is justified
I’m not affiliated with the company and this is not financial advice. Just sharing my research and looking forward to hearing other investors’ opinions.
Going live in about 15 minutes: