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Castellum stock jumps 51% after winning $250M U.S. Navy logistics IT contract

Market News
15 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Castellum Inc. shares surged 51% in premarket trading after the company secured a $250 million contract with the U.S. Navy to provide logistics IT services. This multi-year indefinite delivery/indefinite quantity contract strengthens Castellum's position in the defense sector and opens opportunities for sustained growth. The contract highlights Castellum's expertise in naval logistics, IT, and software engineering. Investors are also anticipating the company's next earnings report on August 7, 2026.

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