Feb. 23 at 3:30 AM
$CTM $CTM …
We know CTM remains viewed as a labor-based contractor, even though its balance sheet is now clean and margins are improving. CEO Glen Ives has been explicit about prioritizing shareholder value and this is where Phase 3 becomes relevant.
Through its new subsidiary, Castellum Advanced Technology Products, CTM appears to be positioning beyond pure services.
If CTM:
• Sustains profitability
• Expands Navy augmented reality programs
• Secures government traction for
$AMPG 5G technology or Quarrio
Any one of those could shift perception from “services roll-up” to “technology-enabled defense platform.”
That’s how multiple expansion happens.
Same revenue scale. Different narrative.
Re-rating potential is inevitable, execution is the key, and CTM is firing on all cylinders.