Castellum, Inc. Wins OASIS+ Unrestricted IDIQ Contract
Castellum (NYSE-American: CTM) announces a significant contract win through its subsidiary Specialty Systems, Inc., in collaboration with Corvus Consulting and Global Technology and Management Resources. The company secured all four unrestricted domains in the OASIS+ (One Acquisition Solution for Integrated Services Plus) contract, complementing three previously awarded small business domains.
The awarded domains include intelligence services, technical and engineering, research and development, and management & advisory. This government-wide contract has a ten-year performance period with no ceiling value, representing a major strategic opportunity for Castellum to expand its federal customer support.
Castellum (NYSE-American: CTM) annuncia la vincita di un contratto significativo attraverso la sua sussidiaria Specialty Systems, Inc., in collaborazione con Corvus Consulting e Global Technology and Management Resources. L'azienda ha ottenuto tutti e quattro i domini non riservati nel contratto OASIS+ (One Acquisition Solution for Integrated Services Plus), completando tre domini per piccole imprese gi脿 aggiudicati.
I domini assegnati includono servizi di intelligence, tecnico e ingegneristico, ricerca e sviluppo, e gestione e consulenza. Questo contratto a livello governativo ha un periodo di esecuzione di dieci anni senza un valore massimo, rappresentando una grande opportunit脿 strategica per Castellum di ampliare il proprio supporto ai clienti federali.
Castellum (NYSE-American: CTM) anuncia una importante victoria de contrato a trav茅s de su subsidiaria Specialty Systems, Inc., en colaboraci贸n con Corvus Consulting y Global Technology and Management Resources. La empresa asegur贸 los cuatro dominios sin restricciones en el contrato OASIS+ (One Acquisition Solution for Integrated Services Plus), complementando tres dominios de peque帽as empresas previamente otorgados.
Los dominios adjudicados incluyen servicios de inteligencia, t茅cnico e ingenier铆a, investigaci贸n y desarrollo, y gesti贸n y asesor铆a. Este contrato a nivel gubernamental tiene un per铆odo de ejecuci贸n de diez a帽os sin un valor m谩ximo, representando una gran oportunidad estrat茅gica para Castellum de expandir su soporte a clientes federales.
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Castellum (NYSE-American: CTM) annonce une victoire de contrat significative par le biais de sa filiale Specialty Systems, Inc., en collaboration avec Corvus Consulting et Global Technology and Management Resources. L'entreprise a obtenu les quatre domaines non restreints dans le contrat OASIS+ (One Acquisition Solution for Integrated Services Plus), compl茅tant ainsi trois domaines pr茅c茅demment attribu茅s aux petites entreprises.
Les domaines attribu茅s incluent services de renseignement, technique et ing茅nierie, recherche et d茅veloppement, et gestion et conseil. Ce contrat 脿 l'茅chelle gouvernementale a une dur茅e d'ex茅cution de dix ans sans valeur plafond, ce qui repr茅sente une grande opportunit茅 strat茅gique pour Castellum d'茅largir son soutien aux clients f茅d茅raux.
Castellum (NYSE-American: CTM) gibt den Gewinn eines bedeutenden Vertrags 眉ber ihre Tochtergesellschaft Specialty Systems, Inc. in Zusammenarbeit mit Corvus Consulting und Global Technology and Management Resources bekannt. Das Unternehmen sicherte sich alle vier unbeschr盲nkten Bereiche im OASIS+ (One Acquisition Solution for Integrated Services Plus) Vertrag, um drei zuvor vergebene Domains f眉r kleine Unternehmen zu erg盲nzen.
Die vergebenen Bereiche umfassen Nachrichtendienste, Technik und Ingenieurwesen, Forschung und Entwicklung sowie Management und Beratung. Dieser vertragliche Rahmen auf Regierungsebene hat einen zehnj盲hrigen Leistungszeitraum ohne Obergrenze, was eine wichtige strategische Gelegenheit f眉r Castellum darstellt, seine Unterst眉tzung f眉r Bundeskunden zu erweitern.
- Secured all four unrestricted domains in OASIS+ contract
- Ten-year contract duration provides long-term revenue visibility
- No ceiling value on contract potential
- Expands federal customer base access
- None.
Insights
The OASIS+ unrestricted IDIQ contract win represents a transformative opportunity for Castellum. IDIQ (Indefinite Delivery, Indefinite Quantity) contracts of this magnitude typically serve as major revenue generators, providing stable, long-term access to federal procurement opportunities. The 10-year performance period with no ceiling value is particularly notable, as it offers exceptional revenue potential and business stability.
The award across all four unrestricted domains (intelligence services, technical and engineering, research and development and management & advisory) significantly expands Castellum's addressable market within federal contracting. For a company with a market cap of
Think of this like getting approved for an unlimited credit line with the government - while it doesn't guarantee revenue, it removes barriers to pursuing larger opportunities and positions Castellum to compete with larger federal contractors. For a small-cap company, this level of contract access typically drives significant multiple expansion as the market prices in the enhanced growth potential.
This contract win strategically positions Castellum in high-priority federal spending areas, particularly cybersecurity and electronic warfare. The timing is optimal, as federal defense and cybersecurity budgets are expanding amid growing global security concerns. The combination of all four unrestricted domains with their existing three small business domains creates a comprehensive contract portfolio that can capture opportunities across the full spectrum of federal requirements.
The OASIS+ vehicle is particularly valuable because it's a preferred contracting method for many federal agencies, offering streamlined procurement processes. This means faster contract awards and reduced administrative burden compared to traditional contracting methods. For investors, this translates to potentially quicker revenue conversion and lower overhead costs in pursuing new business.
VIENNA, Va., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (鈥淐astellum鈥�), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its teaming with Castellum鈥檚 other two subsidiaries and was awarded all four unrestricted domains upon which it submitted proposals. This award is in addition to the three small business domains the Castellum team has already been awarded on One Acquisition Solution for Integrated Services Plus (鈥淥ASIS+鈥�).
OASIS+ is a suite of government-wide, multi-award contracts designed to support federal agencies鈥� procurement requirements for services-based solutions. With a potential ten-year performance period and no ceiling value, OASIS+ represents a significant opportunity for the Castellum team to expand its support to federal customers. Learn more at:
鈥淥ur Castellum team could not be more excited and inspired to learn of this major strategic win, the most important in Castellum鈥檚 history, and we are
About
(NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government -聽.
Cautionary Statement Concerning Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company鈥檚 expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as 鈥渆stimate,鈥� 鈥減roject,鈥� 鈥渂elieve,鈥� 鈥渁nticipate,鈥� 鈥渟hooting to,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渇oresee,鈥� 鈥渓ikely,鈥� 鈥渨ill,鈥� 鈥渨ould,鈥� 鈥渁ppears,鈥� 鈥済oal,鈥� 鈥渢arget鈥� or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company鈥檚 expectations for revenue growth and new customer opportunities including opportunities arising from the OASIS+ unrestricted contract, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company鈥檚 control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company鈥檚 ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company鈥檚 revenue due to a delay in the U.S. Congress approving a federal budget or continuing resolution; and the Company鈥檚 ability to maintain the listing of its common stock on the NYSE American LLC. For a more detailed description of these and other risk factors, please refer to the Company鈥檚 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (鈥淪EC鈥�) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.
Contact:
Glen Ives, President and Chief Executive Officer
Phone: (703) 752-6157
Contact:
A photo accompanying this announcement is available at
FAQ
What are the 4 unrestricted domains Castellum (CTM) won in the OASIS+ contract?
What is the duration and value of Castellum's (CTM) OASIS+ contract?
How many OASIS+ domains does Castellum (CTM) now hold in total?
Which Castellum subsidiaries are involved in the OASIS+ contract win?
