Corvus in the News and other Media

Castellum, Inc. Announces Pricing of $3,000,000 Public Offering and NYSE Listing

Thu, 13 Oct 2022 21:08:48 GMT

POTOMAC, Md., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE: CTM) (“Castellum”, or the “Company”), a cybersecurity, electronic warfare, and IT services company, today announced the pricing of its public offering of common stock at a public offering price of $2.00 per share. Castellum is offering 1,500,000 shares of its common stock and has granted the underwriters a 45-day option to purchase up to an additional 225,000 shares of common stock at the public offering price less the underwriting discounts and commissions, to cover over-allotments, if any. The shares are expected to begin trading on the NYSE American Exchange on October 13, 2022 under the ticker symbol “CTM” and the offering is expected to close on or about October 17, 2022, subject to satisfaction of customary closing conditions.

Prior to the NYSE American Exchange listing, the Company’s common shares were listed on the OTC Pink under the symbol “ONOV”.

In connection with this offering, the Company will effectuate a reverse split of its issued and outstanding common shares at a ratio of 1-for-20. The reverse stock split is expected to be effective as of the open of trading on October 13, 2022. The share numbers and pricing information in this release are adjusted to reflect the reverse stock split.

EF Hutton, division of Benchmark Investments, LLC, is acting as sole book-running manager for the offering.

The Company’s registration statement on Form S-1 (File No. 333-267249) relating to the offering has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 12, 2022. The offering is being made only by means of a prospectus. Copies of the final prospectus which will be filed with the SEC may be obtained, when available, from EF Hutton, division of Benchmark Investments, LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@efhuttongroup.com or telephone at (212) 404-7002.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in the offering in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Castellum, Inc.
Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. For more information visit our website at https://castellumus.com/ .

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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning the Company’s future events or future performance. 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. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

https://www.globenewswire.com/news-release/2022/10/12/2533424/0/en/Castellum-Inc-Announces-Pricing-o...

Castellum, Inc. Announces Lieutenant General Bernard S. Champoux, U.S. Army, Retired to Join Advisory Board

Thu, 27 Jan 2022 18:17:22 GMT

POTOMAC, Md., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces Lieutenant General, United States Army, Retired Bernard (Bernie) Champoux joined the Company's Advisory Board. Castellum's Advisory Board seats experienced business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, useful in fostering the Company's growth.

" Castellum continues to focus on growth with an integral part of the growth stemming from access to an Advisory Board that provides meaningful contributions," said Mark Fuller, President, and CEO of Castellum. "Bernie brings exceptional leadership experience in the Army and a multi-national company in the defense sector. This experience will foster our continued and sustained growth."

Bernie Champoux joined Hanwha Defense in May 2017, where he formed and led the establishment of their US & Americas business for four years before moving to Government Relations in May 2021. Before Hanwha, he consulted for Lockheed Martin , L3Harris , CENTRA Technology , Analytical Services (ANSER), and the Defense Science Board . He is a founding Director at the Korea Defense Veterans Association , the National Defense Industrial Association, and Vice Chairman of the Korean War Veterans Memorial Foundation .

Bernie served nearly 39 years in the US Army commanding from platoon through field army in light, mechanized, and motorized Infantry, with multiple tours in the US Army Rangers and numerous operational deployments, including over three years in combat. He led the 25th Infantry Division as the last Division Headquarters in Iraq during Operation New Dawn.

Bernie was the Executive Officer to the Commander in Chief, United States Southern Command , and the Executive Assistant to the Vice Chairman of the Joint Chiefs of Staff. He was also both the Deputy and Chief of Legislative Liaison, Office of the Secretary of the Army.

Following in his father's footsteps who served as a company commander during the Korean War, Bernie served almost four years in the Republic of Korea. He culminated his tour of duty as the Commander of the Eighth Army while simultaneously serving as the Chief of Staff for United Nations Command, ROK-US Combined Forces Command , and United States Forces Korea . He received the Gukseon Medal, Order of National Merit from the ROK government, and the Department of Defense Distinguished Service Medal to contribute to the ROK-US Alliance .

Bernie received his BA from Saint Anselm College and graduated from the US Army War College and the Army Strategic Leader Development Program.

About Castellum, Inc.

Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. The Company recently announced its latest letter of intent to acquire an East Coast government contractor with over $4 million of revenue.

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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning the Company's future events or future performance. 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. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

https://www.otcmarkets.com/stock/ONOV/news/Castellum-Inc-Announces-Lieutenant-General-Bernard-S-Champoux-US-Army-Retired-to-Join-Advisory-Board?id=340311

Corvus Consulting, LLC is fully owned subsidiary of Castellum, Inc.

Castellum, Inc. Announces Promotion of Glen Ives to President of Government Sales and Operations; Additional Executive Moves Noted

Wed, 12 Jan 2022 19:37:26 GMT

POTOMAC, Md., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that Glen Ives, Chief Growth Officer takes on additional responsibilities as the President of Government Sales and Operations.

“Since joining Castellum in February 2021, Glen has been instrumental in our organic growth and acquisition successes,” said Mark Fuller, CEO of Castellum. “In his new role he will have executive management responsibilities for all of the acquired entities as he continues to drive growth and manage operations.”

Jim Enicks, CEO of Castellum’s subsidiary Corvus Consulting departed at the end of 2021 to pursue other opportunities. “During his leadership role in Corvus he built a strong business development and proposal capability,” noted Mark Fuller. “We are appreciative for these contributions during his tenure.”

Two other management additions were also announced. Craig Nixon , an Advisory Board Member since March of 2021 has joined Castellum as a Senior Advisor to Mark Fuller, CEO of Castellum. “In this role he will focus on opportunities within SOCOM and across the Army along with identifying potential acquisition targets,” stated Fuller. “Having run a large government contractor that grew through acquisitions as well as organically, Craig has an appreciation and understanding for the business plan we are executing and will further add to our ability to continue to our growth.”

Daniel Turissini has joined Castellum as the head of Technology Development and Compliance. “Dan’s knowledge across these areas will be focused on developing internal service capabilities that are complementary to the services currently offered by Castellum,” said Fuller. “These capabilities will offer existing and new customers new services that will help them to execute their individual and collective national security related missions.”

About Castellum, Inc. Castellum, Inc. (OTC: ONOV) is a technology services and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering and Software Development. The Company recently announced its latest letter of intent to acquire an East Coast government contractor with over $4 million of revenue.

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact: Mark Fuller, CEO

info@castellumus.com

(301) 961-4895

Castellum Announces Signing of LOI to Acquire $4 Million Government Contractor

Wed, 29 Dec 2021 13:36:30 GMT

POTOMAC, Md., Dec. 27, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue. Subject to due diligence and the execution of a definitive purchase agreement, the Company hopes to close the acquisition in the first quarter of 2022.

“We are happy to announce our next LOI, which adds more than 25 employees and further strengthens our past performance by adding more capabilities in Information Warfare/Information Operations (IW/IO) serving the special operations community,” said Mark Fuller, President and CEO of Castellum. “Combined with some organic growth that we have seen recently; this accretive acquisition will push Castellum above the $40 million run-rate threshold. We also continue to look at other potential acquisitions.”

About Castellum, Inc. Castellum, Inc. (OTC: ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/ .

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. For the potential acquisition announced today, there is a risk that the LOI does not translate into a closed transaction.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/281c27d6-9bce-408d-b209-3dd43a26876b

Castellum, Inc. Announces Signing of LOI to Acquire $2 million Government Contractor

Thu, 16 Sep 2021 16:18:36 GMT

POTOMAC, Md., Sept. 16, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the signing of a Letter of Intent (LOI) to acquire an East-coast based government contractor generating approximately $2 million per year in revenue. Subject to due diligence and the execution of a definitive agreement, the Company hopes to close the acquisition by the end of October 2021.

“We are very pleased to announce to our shareholders that we have identified another accretive acquisition which is now under LOI,” said Mark Fuller, President and CEO of Castellum. “This transaction, should we close it, would increase our revenue run-rate to over $35 million. We also are looking at other opportunities which fit our acquisition strategy.”

About Castellum, Inc. Castellum, Inc. (OTC:ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space. http://castellumus.com/

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. For the potential acquisition announced today, there is a risk that the LOI does not translate into a closed transaction.

Contact:
Mark Fuller, CEO
info@castellumus.com
301-961-4895

Castellum, Inc. Announces the Acquisition of Specialty Systems, Inc. and Filing of Record Second Quarter Financial Results

Mon, 16 Aug 2021 15:22:13 GMT

POTOMAC, Md., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces that it has acquired Specialty Systems, Inc. (SSI) a Toms River, New Jersey based government contractor. Castellum also has posted its record second quarter financial results at www.otcmarkets.com .

SSI provides critical mission support to the Navy at Joint Base McGuire-Dix-Lakehurst in the areas of software engineering, cyber security, systems engineering, program support and network engineering. The company was founded by the CEO, Emil Kaunitz and will bring nearly 90 employees to the Castellum family of companies.

“My long-time business partner, Bill Cabey, COO of SSI, and I, along with the rest of the SSI team, are very excited about becoming part of Castellum with all of us remaining at SSI in our current roles,” said Mr. Kaunitz. “Our customers will continue to enjoy the same high level of support that they have come to expect over the last 43 years along with new capabilities that we can now bring from Castellum.”

“Operationally, the exceptional team of professionals at SSI brings new and expanded expertise that Castellum can offer to existing and future customers,” noted Mark Fuller, President and CEO of Castellum. “This acquisition is immediately accretive to both revenue and EBITDA per share and, along with our recently announced Merrison Technology transaction, establishes a $33 million dollar annualized revenue run rate for our company that takes us to another level in competing for larger government contracts.”

Castellum’s overall financial picture continues to strengthen. Revenue for Q2 2021 was a record $4.19 million. Adjusted EBITDA, a non-GAAP measure, was approximately $260,000 (excluding non-cash depreciation, amortization, and stock compensation). Cash-on-hand at quarter end was over $2 million, Current Assets were a record $4.58 million and net working capital was a record $3.19 million, up from $2.23 million in Q1.

“Our business continues to generate excellent results,” said Mark Fuller, President, and CEO of Castellum. “Revenue remained strong in Q2 and adjusted EBITDA continues to be positive while we grow through acquisition and new business. Our liquidity and overall balance sheet continue to improve. This continued growth and positive outlook for the balance of 2021 and beyond is important as we begin the process of looking to up-list to the NYSE American.”

About Castellum, Inc.

Castellum, Inc. (OTC:ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, software engineering, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy - http://castellumus.com/ .

Forward-Looking Statements:

Contact:
Mark Fuller, President & CEO
info@castellumus.com
301-961-4895

Castellum, Inc. Announces Acquisition of Merrison Technologies

Tue, 10 Aug 2021 18:40:06 GMT

POTOMAC, Md., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces signing and closing on a definitive merger agreement with Merrison Technologies LLC , a Virginia limited liability company (“Merrison”), effective immediately.

Merrison is a government contractor with approximately $3 million in profitable revenue. The transaction will be immediately accretive to Castellum’s revenue and EBITDA per share and will increase Castellum’s revenue to approximately $19 million in annualized run-rate.

Castellum is also in late-stage discussions with another, previously announced , company which it is looking to close in August.

“Merrison is an excellent add-on addition to the Castellum family, bringing with it a strong relationship with CACI and expertise in software engineering and IT in the classified arena,” said Mark Fuller, President and CEO of Castellum. “Merrison also brings us an excellent team with Andrew Merriman, President, and his team of nearly 20 experienced people. We are happy to welcome the entire Merrison team to Castellum.”

About Castellum, Inc . Castellum, Inc. (OTC:ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, software engineering, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The company completed its first acquisition in November 2019. Merrison represents the Company’s third acquisition - http://castellumus.com/ and https://merrison-tech.com/

Forward-Looking Statements:

Contact:

Mark Fuller, CEO

info@castellumus.com

Castellum, Inc. Signs LOI to Acquire $3 Million Government Contractor

Tue, 22 Jun 2021 15:20:21 GMT

POTOMAC, Md., June 22, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the signing of a Letter-of- Intent (LOI) to acquire a U.S. East coast-based government contractor generating approximately $3 million in revenue. Subject to due diligence and the execution of a definitive stock purchase agreement, the Company hopes to close the acquisition by the end of August 2021.

“We are happy to announce our next LOI, which will further strengthen our MFSI subsidiary by adding business intelligence, integration, and large data analytics,” said Mark Fuller, President and CEO of Castellum . “We also would like our shareholders to know that the previously announced $14 million acquisition is proceeding through due diligence and is currently on track to close in July 2021. Together, these transactions should give us approximately a $35 million revenue run-rate, sufficient to enable us to begin the up-listing process to the NYSE MKT .”

About Castellum, Inc.

Castellum, Inc. (OTC:ONOV)  is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. For the potential acquisition announced today, there is a risk that the LOI does not translate into a closed transaction.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e2a08b0-01f7-4eec-8fc7-3aa94a51181b

Castellum, Inc. Signs LOI to Acquire $3 Million Government Contractor
Castellum, Inc. (OTC: ONOV) announces the signing of a Letter-of- Intent (LOI) to acquire a U.S East...

Castellum, Inc. Announces Record Quarterly Revenue, 5th Consecutive Positive Adjusted EBITDA Quarter, Stronger Balance Sheet for First Quarter 2021

Wed, 12 May 2021 14:10:11 GMT

POTOMAC, Md., May 12, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces record revenue for the quarter ended March 31, 2021 and its fifth consecutive quarter of positive adjusted EBITDA. The Company expects to file its 2021 Q1 report at www.otcmarkets.com within the next 7 days.

Castellum’s financial picture continues to improve. Revenue for Q1 2021 was a record $4.02 million up 17.7% from Q1 2020 revenue of $3.42 million. Adjusted EBITDA, a non-GAAP measure, was approximately $280,000. Cash on hand at quarter end was $1.96 million (versus $1.19 million a year ago). Current Assets were $4.22 million, up from $3.44 million a year ago.

“The continued growth in our business and strengthening of our balance sheet is very heartening,” said Mark Fuller, President, and CEO of Castellum . “We look forward to closing on our current LOI later this quarter which will move us to above a $30 million run rate and position us to uplist. We also anticipate seeing some solid organic growth over the balance of the year as our Corvus subsidiary continues to excel. The goal remains the same: growth both organically and inorganically to drive shareholder value.”

About Castellum, Inc. Castellum, Inc. (OTC :ONOV) is a technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The Company completed its first acquisition in November 2019 and its second acquisition in Q1 of 2021 - http://castellumus.com/ .

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:
Mark Fuller, CEO
info@castellumus.com
301-961-4895

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45a34d06-063c-47e5-9245-4e747642a82d

Castellum, Inc. Signs LOI to Acquire $14 million Government Contractor

Tue, 27 Apr 2021 17:26:28 GMT

POTOMAC, Md., April 27, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC:ONOV) announces the signing of a letter of intent (LOI) to acquire a US East-coast based government contractor, generating approximately $14 million in revenue. Subject to due diligence and the execution of a definitive merger agreement, the Company hopes to close the acquisition by the end of June 2021.

Mark Fuller, President and CEO of Castellum, Inc., states, “We are very pleased to announce to our shareholders that we have identified and inked a strong third acquisition. This transaction, should we be able to close it, would give us over a $30 million revenue run-rate, sufficient to enable us to begin the up-listing process to the NYSE MKT . Additionally, our Corvus business and recently acquired MFSI both are performing in line with our expectations and have developed strong qualified business pipelines. Each subsidiary has significant growth opportunities this year which could move our revenue even higher going forward.”

About Castellum, Inc.

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. For the potential merger announced today, there is a risk that the LOI does not translate into a closed transaction.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b4f1f04-4a7f-4d15-b881-7b8806c7b57c

Castellum, Inc. Provides ONOV Shareholders an Update Letter

Thu, 18 Mar 2021 15:27:07 GMT

BETHESDA, Md., March 15, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (ONOV: OTC) today provides the following Corporate letter updating its shareholders:

Dear Fellow Shareholders,

As we approach spring and the winding down of the Covid-19 health crisis, we at Castellum are pleased to share with you this update. Much has been accomplished already this year and we have more to come.

We have finished our second full annual audit by RSM . Our 2020 revenue came in at $13.3 million, up over 20% versus comparable 2019 numbers. Our business development at our subsidiary Corvus has significantly ramped-up, as Jim Enicks and his team have built over a $300 million 5-year qualified pipeline of opportunities for future growth. While we will not close all of that business, we should get our fair share – and a reasonable share will lead to continued growth in Corvus’s business. We anticipate generating at least $15.3 million in revenue at Corvus this year, and over $20 million in 2022. While net income on a GAAP basis is still negative as we amortize certain intangible assets, operating profit excluding non-cash stock compensation was a solid $1.3 million in 2020. We expect that number to increase in 2021. Completing a second year of audits positions, Castellum could potential up-list our stock to the NYSE MKT or other suitable exchange once we exceed $25 million in revenue.

On February 2, 2021, Castellum welcomed Glen Ives , formerly the President and CEO of Sabre Systems, as the Chief Growth Officer and CEO of Castellum’s newly formed Navy and Marine Corp Division. Glen grew his previous company from $40 million to $80 million during his tenure and brings with him acquisition targets and key customer relationships in the Navy/Marine Corps as well as other non-DoD entities. Investing in human capital that can grow our business at all levels will remain a key element to our continued success.

Also, in February 2021, we restructured and extended our promissory note with Laurie Buckhout , the former owner of Corvus, pushing the maturity out to 2024 and starting to amortize the principal of that loan. Combined with our growing cash levels, our balance sheet continues to strengthen. Net working capital increased from $1.6 million at year-end 2019 to $2.9 million at year-end 2020.

On January 1, 2021, Castellum acquired MFSI Government Group in an all-stock transaction. MFSI through its CEO, George Tronsrue, brings to Castellum past performance in software engineering and strong customer and prime contractor relationships. The past performance has enabled our Corvus subsidiary to pursue multiple new opportunities with existing and new customers. MFSI adds approximately $2 million in profitable revenue to Castellum.

So, as you can see, we have already had some significant wins this year. Going forward, we have several additional goals for 2021. As mentioned, we expect to see strong 15%+ organic growth at Corvus this year. Glen Ives is expected to start construction of a Navy division. Also, MFSI will serve as a catalyst for additional growth, and we are working on our next acquisition. We have financing sources already in position, both senior lenders and mezzanine capital. There are over a dozen potential acquisitions under review with a couple that we especially like. We hope to sign an LOI for our next deal within the next 90 days. The roadmap, therefore, is to do our next acquisition and then look at up-listing.

Thank you to all of our employees, shareholders, and partners for a terrific 2020. 2021 and the future promise to be even brighter.

About Castellum, Inc. Castellu m , Inc. (OTC: ONOV) is a technology services and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering and Software Development. The Company recently acquired MFSI after purchasing Corvus Consulting in 2019. The Company continues in discussions with multiple acquisition candidates and, also, has numerous efforts ongoing as a potential prime contractor for multiple customers.

Mark Fuller, CEO

Corvus Employees Participated in Groundbreaking Cyber Trainings in Australia in Partnership with PCTE

Fri, 05 Feb 2021 17:26:18 GMT

The Corvus Team continues to impact the world through its dedication to cyber trainings. Corvus Consulting's Michelle Danker and Chris Bozeman traveled to Australia during the height of the COVID-19 pandemic to assist in developing PCTE, an online client that allows Cyber Command’s warriors to log on from anywhere in the world to conduct individual or collective cyber training as well as mission rehearsal.

After delivering the second version to U.S. Cyber Command in October , officials told C4ISRNET in a January interview that the third version of the Persistent Cyber Training Environment will roll out in the second quarter of 2021.

Click HERE to read the full article or visit the Corvus Facebook Page , or the Corvus LinkedIn for more updates and great news on Corvus Consulting's dedication, support, and personal involvement to important missions.

CORVUS TEAM WINS 2020 MODELING AND SIMULATION AWARD!

Tue, 02 Feb 2021 17:06:35 GMT

Awarded by the National Training and Simulation Association, The Product Manager, Cyber Resiliency and Training (PdM CRT) Team is commended for its innovative agile DevOps approach in delivering the Persistent Cyber Training Environment (PCTE). By spearheading industry leading best practices across its transparent integration factory, constant user touchpoints via live fire exercises, and rapid response to COVID19 surge of training, PdM CRT embodies the ethos of ruthless transparency and collaboration. These efforts synchronized yielded rapid delivery of capability prototyping, production utilization, and its successful forging within Cyber Flag 2020.

Corvus Consulting’s Mike Corrao and Gilbert Duverglas helped achieve this award. Both pictured above. Congratulations to Mike, Gilbert and the Product Manager, Cyber Resiliency and Training (PdM CRT) Team!

Corvus Consulting, LLC Continues its Partnership with The CSRA Alliance for Fort Gordon, GA

Wed, 27 Jan 2021 17:39:45 GMT

Corvus Consulting supports innovation and growth at Fort Gordon, GA.

Corvus Consulting's Larry Parr , Robert Murray and Jason LaClair , presented Dr. Tom Clark , the executive director of the CSRA Alliance , with a check for $5,000 on Tuesday, January 26th.

The primary purpose of the Alliance is to demonstrate the potential for Fort Gordon to grow existing missions and take on new missions. Additionally, the Alliance promotes economic development through partnerships capitalizing on the information technology, communications and medical expertise prominent at Fort Gordon. The funds will go to grow the Alliance's efforts to facilitate K-12 cyber education camps, and adult education efforts for the growing technology based workforce in the Augusta, GA. "Cyber District" region which represents a two-state, seven-county regional economic development and attraction initiative that supports defense and private sector technology innovation and growth.

To learn more about the CSRA Alliance, follow https://fortgordonalliance.com/ .

Castellum, Inc. Announces Acquisition of MFSI

Tue, 12 Jan 2021 14:03:43 GMT

Corvus Consulting is a wholly owned subsidiary of Castellum, Inc.

POTOMAC, Md., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the signing of a definitive merger agreement with Mainnerve Federal Services, Inc., dba - MFSI Government Group , a Delaware corporation (“MFSI”), effective as of January 1, 2021.

MFSI, a government contractor with over $1.3 million in profitable revenue, is immediately accretive to Castellum’s revenue and EBITDA per share. Castellum also continues to pursue other acquisitions as part of the company’s overall growth strategy.

Mark Fuller, President and CEO of Castellum, states, “MFSI is a solid addition to the Castellum family, bringing with it a strong relationship with Northrup Grumman, and expertise in software engineering and IT in the classified arena. MFSI also brings us an excellent team with George Tronsrue, Presiden t, and the MFSI advisory board , several of whom will be joining the Castellum advisory board in the coming weeks.”

“We are pleased to join with Castellum as a way to provide our customers with a broader range of services and greater size and scale. Mark and his team are growing quickly. We are excited to join this outstanding team and look forward to being part of their continued growth in the future,” said George Tronsrue, President of MFSI.

About Castellum, Inc. Castellum, Inc., a technology Company, focused on strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the Company brought on a new management team specifically to pursue an acquisition-led growth strategy. The Company completed its first acquisition in November 2019. MFSI represents Castellum, Inc.’s second acquisition.

About MFSI. MFSI was founded 10 years ago as a Service Disabled Veteran Owned Small Business (SDVOSB) federal contractor and has a Top Secret Facilities Clearance with employees and advisors holding DoD Top Secret clearances. MFSI provided past performances in data center security and operations for Army, Navy and Intelligence Community clients, and currently works as a software engineering/development, database administration and data analytics subcontracts for Army and Navy clients.

Mark Fuller, CEO
info@castellumus.com
301-961-4895

Castellum, Inc. Announces Strong Third Quarter Results

Tue, 10 Nov 2020 15:49:17 GMT

Corvus Consulting is a wholly owned subsidiary of Castellum, Inc.

POTOMAC, Md., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces filing its third quarter (Q3) operating results for the period ended September 30, 2020. The Q3 report can be viewed at https://www.otcmarkets.com/stock/ONOV/disclosure .

Castellum’s financial picture continues to grow stronger. Revenue for Q3 2020 was $3.34 million. EBITDA, a non-GAAP measure, was $461,878 on a cash basis (excluding non-cash stock compensation) and $208,782 on an accrual basis. Cash-on-hand at the quarter end was over $2.06 million (up from $1.9 million at the end of Q2) and Current Assets were a record $4.39 million.

“Our business continues to generate excellent results,” said Mark Fuller, President, and CEO of Castellum . “Revenue remained strong in Q3 and EBITDA continues to be positive while we invest in business development for future growth. Our balance sheet continues to improve. We also continue to pursue acquisitions, including those we have previously announced. Castellum, Inc. looks forward to a good fourth quarter and an even brighter 2021.”

About Castellum, Inc.

Castellum is a technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The Company completed its first acquisition in November 2019 – www.castellumus.com .

Forward-Looking Statements:

Mark Fuller, CEO
info@castellumus.com
301-961-4895

Ms. Stephanie Chenault to AFCEA International’s Education Foundation Board of Directors

Tue, 25 Aug 2020 18:07:17 GMT

Corvus Consulting is pleased to announce the three-year appointment of Ms. Stephanie Chenault to AFCEA International’s Education Foundation Board of Directors.

The Education Foundation serves the community by using their platform to provide over $2M in scholarships and grants to students and educators who are committed to furthering STEM objectives.

Ms. Chenault, Corvus Vice President for Strategy and Technology, has long been a key leader and professional champion for STEM education. With a background in Aerospace Engineering and Physics; she has had the tremendous opportunity to innovate, create, and design many successful C5ISR solutions that are in use across the Department of Defense today!

In her free time, she also mentors and advocates for STEM projects across Southeast Asia for several Non-Profit Organizations.

Castellum, Inc. Announces Record EBITDA for Second Quarter 2020

Tue, 28 Jul 2020 11:59:10 GMT

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POTOMAC, Md., July 27, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (ONOV:OTC) announces strong revenue and record quarterly EBITDA for the second quarter ended June 30, 2020. The Company expects to file its 2020 Q2 report at www.otcmarkets.com within the next 10 days.

Castellum’s financial picture continues to grow stronger. Revenue for Q2 2020 was $3.4 million. EBITDA, a non-GAAP measure, was over $550,000. Cash on hand at quarter end was over $1.9 million (up from $1.1 million at the end of Q1) and Current Assets were a record $3.97 million.

“The continued success of our business is very heartening,” said Mark Fuller, President, and CEO of Castellum. “We have improved the efficiency of the Corvus division under Jim Enicks’ leadership and now are positioned to add some inorganic growth to the mix. The goal remains the same: growth both organically and through acquisition to drive shareholder value.”

About Castellum, Inc.

Castellum, Inc. (ONOV:OTC) is a technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The company completed its first acquisition in November 2019.

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Castellum, Inc. Announces Completion of 2019 Audit

Tue, 09 Jun 2020 21:09:02 GMT

Corvus Consulting is a proud wholly owned subsidiary of Castellum, Inc.

POTOMAC, Md., June 09, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the completion of its 2019 financial audit. RSM US LLC performed the audit, and Castellum received a “clean” opinion with no going concern qualification. The Company has filed its amended 2019 annual report and its the Q1 2020 quarterly report with OTC Markets .

“We are pleased to achieve another important milestone as we build Castellum,” said Mark Fuller, President and CEO of Castellum. “RSM US, one of the top U.S. auditing firms, did an excellent job with the audit and will be able to grow with us as we add new acquisitions. We look forward to working with them again on our 2020 audit in preparation for a planned exchange listing in 2021.”

Castellum, Inc. now completed two-years of audited financial statements, a necessary step in getting the Company listed on a major stock exchange such as NASDAQ or the New York Stock Exchange (NYSE).

About Castellum, Inc. Castellum, Inc. (OTC: ONOV) is a technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The company completed its first acquisition in November 2019, http://castellumus.com/ .

Contact:
Mark Fuller, CEO
info@castellumus.com

Castellum, Inc. Announces General John F. Campbell, U.S. Army Retired, to Join Advisory Board

Mon, 18 May 2020 16:50:11 GMT

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POTOMAC, Md., May 18, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces General John F. Campbell has joined the Company’s Advisory Board. Castellum’s Advisory Board seats individual entrepreneurs and senior cyber security / information technology (IT) executives with business, government and technical expertise useful for assisting in identifying, integrating and growing acquired companies.

General John F. Campbell served our country in the US Army for 37 years on active duty. He was most recently the Commander of all US and NATO Forces in Afghanistan from August 2014 to March of 2016. He also served as the 34th Vice Chief of Staff of the U.S. Army ; the second highest ranking officer in the Army. General Campbell has commanded at all levels of the Army, from a company of paratroopers, to a Special Forces Operational Detachment Alpha, to a light infantry battalion, to a brigade of paratroopers in the 82nd Airborne Division to the Commanding General of the famed 101st Airborne Division .

General Campbell deployed multiple times to both Iraq and Afghanistan and served over 54 months in combat. He holds a Bachelor of Science degree from the U.S. Military Academy and Master’s degree in Public Administration from Golden Gate University and an honorary MS in National Security Strategy from the Army War College . During his military service, General Campbell earned a number of individual and campaign awards and decorations including the Defense Distinguished Service medal, three Distinguished Service Medals, the Defense Superior Service Medal, three Legions of Merit, three Bronze Star Medals, the Combat Infantry Badge, Combat Action Badge, Master Parachutist Badge and the Ranger and Special Forces Tabs. In 2018 he was inducted into the inaugural class of the 82nd Airborne Division’s Hall of Fame. He currently serves on several corporate boards and veteran non-profit boards and is the Chairman for Army Emergency Relief (AER ) and Chairman for NS2 Serves .

“John’s extraordinary military leadership coupled with his comprehensive knowledge of modern warfare and policy will assist Castellum as we expand our capabilities and guide our strategic direction over the coming years,” said Mark Fuller, President and CEO of Castellum. “His addition to our advisory board is a further step in expanding and enhancing the leadership and expertise available to Castellum’s management team and board .”

Mark Fuller, CEO

info@castellumus.com

(301) 961-4895

Castellum, Inc. Announces Record Revenue, EBITDA for First Quarter 2020

Tue, 05 May 2020 13:37:49 GMT

Corvus Consulting is a wholly owned subsidiary of Castellum, Inc.

POTOMAC, Md., May 05, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) is pleased to announce record quarterly revenue and EBITDA for the first quarter ended March 31, 2020. The Company expects to file its 2020 Q1 report www.otcmarkets.com within the next 30 days, well ahead of the July deadline.

Castellum’s financial picture continues to brighten. Revenue for Q1 2020 was a record $3.4 million. EBITDA, a non-GAAP measure, was approximately $372,000. Cash on hand at quarter end was over $1.1 million and Current Assets were a record $3.4 million.

“The continued growth in our business is very encouraging,” said Mark Fuller, President, and CEO of Castellum. “We hope to see some organic growth in our core business over the next two quarters as well as looking to secure an LOI for our next acquisition. The goal remains the same: growth both organically and inorganically to drive shareholder value.”

About Castellum, Inc. Castellum is a technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The Company completed its first acquisition in November 2019, http://castellumus.com/ .

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Castellum, Inc. Selects Public Relations and Public Affairs Firm kglobal as Strategic Partner for Branding and Communications

Tue, 04 Feb 2020 21:38:54 GMT

POTOMAC, Md., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces the engagement of kglobal as a strategic branding and communications partner.

kglobal has been engaged to provide Castellum with a heightened image and brand awareness to the various constituents with whom Castellum engages. Initial services will include branding and marketing, website design and development and digital and social presence. Beyond this initial work, kglobal will provide for media relations and reputation management.

“We are looking forward to our engagement with kglobal and its full suite of services to ensure we have the tools we need to communicate with customers, investors, and companies interested in being acquired,” said Mark Fuller, President and CEO of Castellum. “As Castellum continues to grow, kglobal will provide internal and external communication services that are critical to public companies who want to ensure clear, concise, and unambiguous messages to the market.”

“We are very excited to become a Strategic Partner of Castellum and grow with them as their needs expand,” said Lauren Martens, Vice President at kglobal. “Our client base includes Fortune 500 companies in the commercial and government sectors which provides us with a strong understanding of how kglobal can assist Castellum now and in the future.”

About kglobal. kglobal is a full-service agency that assists companies communicate better by boosting the impact of communications, expanding the reach of ideas, strategies and tactics- https://www.kglobal.com/ .

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:
Mark Fuller, CEO
mfuller@castellumus.com
301-461-1839

Castellum Announces Jim Enicks to Become New CEO of Corvus Consulting; Laurie Buckhout to Become Chief Revenue Officer of Castellum

Mon, 27 Jan 2020 22:35:58 GMT

POTOMAC, Md., Jan. 27, 2020-- Castellum, Inc. ( ONOV ) announces Jim Enicks, Colonel, U.S. Army Retired, has agreed to become CEO of the Company’s subsidiary, Corvus Consulting .

Jim Enicks most recently served as the President of Five Rivers Services, LLC and Synteras, a subsidiary of AKIMA Company, a $1.2 billion government contractor based in Herndon, Virginia. Previously he held senior positions at SRA International and SAIC after serving over 25 years on active duty in the U.S. Army with his last tour of duty at CENTCOM . He has an MBA from Central Michigan University and his undergraduate degree in business from Indiana State University .

“Jim’s ability to grow businesses and then manage them successfully makes him an ideal new CEO for our Corvus subsidiary,” said Mark Fuller, President and CEO of Castellum. “Working with Laurie Buckhout, who moves over to be Chief Revenue Officer of Castellum, we believe that we have a powerful business development team that will allow us to organically grow revenue more than 15% per year in addition to additional acquisitions that Castellum has targeted.”

“I am very excited to join such a high-growth, dynamic company with great capabilities in the cyber and IT areas,” said Jim Enicks, CEO of Corvus Consulting . “Laurie, Mark, and the team have put together a great platform which I plan to help grow significantly over the next several years.”

About Castellum, Inc. and Corvus Consulting. Castellum, Inc. is a technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, and electronic warfare space. In June 2019, the company brought on a new management team specifically to pursue an acquisition-led growth strategy. The company completed its first acquisition in November 2019. Corvus Consulting is a Small Business providing scientific, engineering, technical, operational support, and training services to Federal government and Commercial clients. Focus is on Cyberspace Operations, Electronic Warfare, Information Operations, Intelligence, and Joint/Electromagnetic Spectrum Operations. Our specialties run the gamut of capabilities from high-level policy development and Congressional liaison to requirements analysis, DOTMLPF-p development assistance and design services for hardware and software systems fulfilling the mission needs of the Department of Defense and Intelligence Communities. Services include full-spectrum project and program support, anywhere in the world.

Contact:
Mark Fuller, CEO
mcfuller79@gmail.com
301-461-1839

Help a Child Shine!

Wed, 29 May 2019 16:37:20 GMT

Corvus donates to Shine Cambodia.

Corvus donates $3,000 to Shine Cambodia. A fantastic charity started by a Navy veteran, helping desperately poor children in Cambodia to have some of the basics for living to include shelter, food, and clean water, as well as an education. Please consider giving. It takes so little to do so much.
https://chuffed.org/project/thingsihavelearned

Bringing Artificial Intelligence to Bear on the Battlefield

Sun, 03 Feb 2019 20:33:12 GMT

February 1, 2019

Corvus teammate, Stephanie Chenault and co-writers Maj (R) Scott Kinner, USMC, and MAJ (R) Kurt Warner, USA, write a phenomenal article on Artificial Intelligence for Signal Magazine!

"It is paramount the information technology workforce—from leaders to coders—be conversant about how AI works, as well as how it is evolving and can be employed effectively. Currently, the military runs a considerable risk of paradoxically squandering resources by pursuing activities it cannot do or cannot yet do while failing to prepare to exploit those capabilities at which it excels."

To read more follow the link to the electronic edition of Signal Magazine.

https://www.afcea.org/content/bringing-ai-bear-battlefield

Corvus' Director of Business Development elected to Association of Old Crows - Billy Mitchell Chapter

183:766667868 (Laurie Buckhout) — Fri, 11 Jan 2019 17:09:31 GMT

Corvus Consulting's Director of Business Development, Mr. Raymond Reyes, was recently elected to the board of the Association of Old Crows Billy Mitchell Chapter in San Antonio, TX.

The Billy Mitchell chapter has 50-years of distinguished community involvement and service supporting scholarships, local youth STEM activities, and the U.S. military.

The Association of Old Crows provides our nation's eminent platform for the advancement of electronic warfare, cyberspace operations, and information/operations.

Mr. Reyes noted, "I look forward to humbly serve our community and in support of the Associations's regional and national objectives."

For more information about the Association of Old Crows please visit thier website.

https://www.crows.org/#/

Corvus' CEO Conducts Fundraiser for the Wounded Warrior Program

Mon, 24 Dec 2018 00:00:00 GMT

Mrs. Laurie Buckhout, Corvus' Chief Executive Officer and President, raised over $5,500 with the support and generosity of her friends in support of the Wounded Warrior Program.

"I've chosen this non-profit because their mission means a lot to me. Friend Mike Linnington is the CEO, and I trust him to make excellent fiscal decisions that will lead to wonderful support of our fellow warriors."

The mission of the Wounded Warrior Project is to honor and empower Wounded Warriors. Their vision is to foster the most successful, well-adjusted generation of wounded service members in our nation's history.

For more information about how you can contribute to our nation's veterans, please visit the Wounded Warrior Program website for details.

https://www.woundedwarriorproject.org/

Corvus Announces Award of the General Services Agency Multiple Award Schedule

183:766667868 (Laurie Buckhout) — Thu, 13 Dec 2018 00:00:00 GMT

Corvus has the most amazing business development team! Thanks to Stephen C. Wren, Corvus has its first Prime Vehicle! Government Services Agency (GSA) Professional Services Schedule (PSS)/Multiple Award Schedule (MAS) 00CORP contract 47QRAA19D0022.

The base period of performance begins December 12, 2018 and ends December 11, 2023 - with the potential for up to three, five-year, options to follow. MAS is a multiple award IDIQ with no ceiling.

A GSA PSS contract allows for a quick and effective way for customers to access the Corvus team's depth of subject matter expertise in cyber, electronic warfare, spectrum management, information warfare, counter-threat, and intelligence.

We look forward to working with you!

Army Merging Electronic Warfare, Cyber Ops

183:766667868 (Laurie Buckhout) — Tue, 30 Jan 2018 00:00:00 GMT

This article is a republication from National Defense.
http://www.nationaldefensemagazine.org/articles/2018/1/30/army-merging-electronic-warfare-cyber-ops

In order to tackle growing cyber threats from around the globe, the Army is beginning to integrate cyber, electronic warfare, signals intelligence and military intelligence operations, service officials have recently said.

“You need all of those to come together if you’re really going to deliver the effects that you need,” said Maj. Gen. John B. Morrison Jr., commanding general of the Army’s Cyber Center of Excellence at Fort Gordon, Georgia.

Over the past year, the service has been at work fusing these elements, he said during a panel discussion at a recent cybersecurity event hosted by the Association of the United States Army’s Institute of Land Warfare.

“If we had been up here last year we wouldn’t have had a whole lot of things to tell you about. But, boy, what a difference a year makes,” Morrison said.

In that time frame, the Army decided to move forward with transitioning electronic warfare professionals into its cyber branch. That will be completed Oct. 1, he noted.

“It’s a process that is already ongoing,” he said. “The reality is that we’re already moving in that direction now and we’ll start doing mobile training teams for our electronic warfare professionals” starting in early 2018.

Brig. Gen. Neil S. Hersey, commandant of the Army’s Cyber Center and School, said soldiers studying electronic warfare would be transitioning into the school over the next year.

The service has also validated necessary requirements and is beginning to field new capabilities into the force, such as the electronic warfare planning and management tool, Morrison said.

Additionally, the Army is employing cross-functional teams and is facilitating the rapid prototyping of new systems.

In December, the service received approval from the Joint Requirements Oversight Council — which greenlights projects — for the ground-based portion of the next-generation terrestrial layer intelligence system, or TLIS, he said. That will fuse signals intelligence with electronic warfare, giving commanders the option to employ both of those effects at the tactical level, he added.

The program is fully funded. An airborne component was still pending approval at the time of the event, he noted.

As the Army worked to develop the TLIS requirements, it was initially stovepiped and fragmented, Morrison said.

"The service is planning to prioritize flexibility..."

“You had our intel brothers and sisters over here developing their own requirements document,” he said. “We were at Fort Gordon in happy bliss developing our electronic warfare requirements document, but when we stepped back and took a look at it we were getting ready to do a disservice on two levels.”

First, the service was attempting to buy two separate and distinct systems, he said. It was also preparing to put capabilities into operational formations that did not bring an integrated effect to maneuver commanders.

The service took a step back and then came together to create one cohesive requirement, he noted. “It was an unnatural act for the Army to sit there and see two disparate centers of excellence bring together one integrated requirement, but I’m very pleased with how the Army reacted to it.”

Maj. Gen. Patricia A. Frost, director of cyber at the Army’s office of the deputy chief of staff, said the service is working to develop technology at a rapid pace.

“We’re not going to wait the six, 10 years of building the perfect piece of kit,” she said. “We’re going to look at prototyping and a risk reduction/risk mitigation methodology.”

Frost noted that the service cannot move forward alone. “We need academia. We need industry,” she said.

Going forward, industry should not expect to receive requirement documents that are overly technical in nature, Morrison said.

“What you’re going to see inside these documents are operationally based requirements,” he said. “We are going to set it in such a manner that we can do iterative development.”

The service is planning to prioritize flexibility because as adversaries develop new technology they are not following the Pentagon’s acquisition process and locking in a program of record for the next two decades, he said. “Neither can we,” he added.

The Army’s increased focus on integrating cyber, electronic warfare and intelligence operations comes at a time when other nations, such as Russia, are beefing up their own capabilities, said retired Col. Laurie Moe Buckhout, who now serves as the president and CEO of the Corvus Group, a Virginia-based consulting firm.

“There is no doubt that they have been active on social media,” she said. “They have been active in fake news, they have been active in … putting out some ideas that would sow confusion in an adversary. … Their means to deliver that confusion, if you will, deliver that attack, has been through cyber space.”

Russia has already employed such tactics against Ukraine, she noted.

“They were jamming out the ability for the Ukrainians to have their own radio waves, … to have their own TV stations,” she said. “They were taking over the propaganda capabilities through the [radio frequency]. … They kind of shut down the ability of the Ukrainian people to control their own information environment.”

The Russians look at information warfare, coupled with jamming and cyber attacks, as a long-term tool, she added.

However, Buckhout said, there is more collaboration within the Army with regard to electronic warfare and cyber than she has seen in more than a decade.

Capabilities “are coming out in a manner that shows complete cooperation and collaboration across the Army and even the joint force and elsewhere, where that never happened before,” she said. “You finally have people working together.”

Corvus Bringing Help and Hope to Wounded Warriors

183:766667868 (Laurie Buckhout) — Wed, 21 Sep 2016 00:00:00 GMT

The Corvus Group knows that sometimes hope comes in on four paws. The company, founded by a combat-disabled Army veteran, is proud to be partnering with Guardian Angels Medical Service Dogs to sponsor a very special dog, named “Harry,” for a Wounded Warrior.

“Harry” was named to honor a hero and trained to help a hero.

Two years ago, MG Harry Greene was killed in Afghanistan – the first General Officer killed in combat since Vietnam. Just about that time, a new puppy was entering into the Guardian Angels Medical Service Dogs training program in Williston, Florida. Friends of MG Greene arranged for this puppy to be named “Harry” in honor of MG Greene.

“Harry,” who is about to enter service, has been specially trained to care for a Soldier with PTSD. When Colonel (Retired) Laurie Buckhout, president and CEO of The Corvus Group, heard that a sponsor was needed to cover the cost of “Harry’s” training, she jumped in.

“MG Harry Greene was a very dear friend,” said Buckhout. “He was a personal mentor and an amazing leader who cared very deeply about the health and well-being of Soldiers. I can’t think of a better tribute than to sponsor this dog to help a Wounded Warrior.”

“I’ve studied the work of Guardian Angels Medical Service Dogs and their results are extraordinary,” Buckhout said. “The national suicide rate among Veterans is a staggering 20 lives lost per day; that rate drops to zero for Veterans receiving the hope and healing provided by these dogs – who wouldn’t be moved by that?”

Guardian Angels Medical Service Dogs, Inc. is a nationally recognized non-profit organization that specializes in training and pairing service dogs. Guardian Angels has donated more than 170 service dogs with deserving veterans and others in need. Guardian Angels trains for a variety of conditions, from mitigation of Post-Traumatic Str

ess Disorder and/or Traumatic Brain Injury symptoms, to seizure or insulin alerting, to mobility issues, hearing assistance and more. Guardian Angels Medical Service Dogs is funded entirely by donation and private grant support. For more information about Guardian Angels Medical Service Dogs, visit their website at: MedicalServiceDogs.org.