Welcome to our dedicated page for V2X news (Ticker: VVX), a resource for investors and traders seeking the latest updates and insights on V2X stock.
Overview
V2X (NYSE: VVX) is a U.S.-based mission support company that has established a robust reputation in serving government agencies, particularly in the defense, national security, and critical infrastructure sectors. With decades of expertise, V2X builds innovative solutions that integrate physical and digital environments, ensuring that complex government missions are supported every step of the way. Utilizing cost leadership and a commitment to superior program performance, V2X is a trusted partner in environments where precision, reliability, and technical excellence are imperative.
Core Business Segments
The company operates as a single integrated segment, offering a comprehensive suite of services that include:
- Facility and Logistics Services: V2X provides essential support ranging from airfield and public works management to emergency services, ensuring that critical infrastructure is maintained and operational.
- Information Technology Mission Support: Delivering advanced IT services, V2X supports communications system operations, network maintenance, systems installation, and integrated mission support, particularly for the U.S. Department of Defense.
- Engineering and Digital Integration: With expertise in systems engineering, digital integration, and software development, the company enhances capabilities across command, control, communications, computer, and intelligence (C4I) systems. It is adept at merging physical operations with sophisticated digital technologies, including AI and machine learning, to drive secure and efficient mission execution.
Operational Excellence and Market Position
The success of V2X lies in its ability to manage the entire lifecycle of mission support. By aligning people, processes, and technology, V2X ensures that its services are delivered with precision and efficiency, even in the most challenging operational environments. Its deep-rooted experience in executing long-term contracts with key military branches such as the U.S. Navy and Army has cemented its role as a reliable facilitator for national security initiatives. The company continuously enhances its service delivery models, positioning itself at the forefront of innovation by integrating modern technologies and addressing the complex needs of mission-critical operations.
Industry-Specific Capabilities and Technology Integration
In today's rapidly evolving defense and security landscape, V2X stands apart with its commitment to adopting advanced technology solutions. The integration of AI and machine learning, alongside robust cybersecurity measures, enables the company to monitor, manage, and protect communication systems effectively. These technologies, coupled with its expertise in digital integration and operational logistics, help ensure the seamless operation of systems vital for the readiness and effectiveness of U.S. military assets. The company's ability to converge information and assured communication across multiple domains is critical in supporting the dynamic needs of defense operations.
Commitment to Mission Success
Central to V2X's service ethos is its dedication to mission success. The company works with a disciplined focus on ensuring that every component of its service offering contributes to the overall effectiveness and security of government operations. By leveraging a deep understanding of the military operational environment, V2X is able to provide a full spectrum of support, from initial system integration to ongoing maintenance and continuous innovation. This approach not only supports current operational needs but also reinforces a legacy of reliable, scalable, and efficient service delivery.
Summary
V2X embodies a blend of technical expertise, operational robustness, and innovative capability. Its integrated service offerings in facility management, logistics, IT mission support, and advanced engineering empower government and defense operations to meet today's challenges effectively. With a strong commitment to quality and a proven track record of long-term customer relationships, V2X maintains a prominent position in the government services and defense support industry.
V2X (NYSE: VVX), a leading provider of global mission solutions, has scheduled its first quarter 2025 financial results announcement for Monday, May 5, 2025, after market close. The company will host a conference call at 4:30 p.m. ET the same day.
Participants can join via phone (U.S.: 877-300-8521, International: 412-317-6026) or access the live webcast and slide presentation at the company's website. A replay will be available through May 19, 2025, via phone (U.S.: 844-512-2921, International: 412-317-6671) with passcode 10198194, and on the V2X website for one year.
V2X Inc. (NYSE: VVX) has secured a $62 million contract to maintain the operational readiness of the COBRA DANE radar system in Alaska. The contract extension, running through March 2027, reinforces V2X's role as a leading provider of operational readiness and engineering support for this critical U.S. Space Force asset.
The COBRA DANE radar, standing 120 feet tall with a 95-foot diameter phased-array face, is capable of detecting and tracking objects up to 2,000 miles away. The system serves dual purposes: supporting U.S. Ballistic Missile Defense and providing space domain awareness by identifying satellites and debris in Earth's orbit.
V2X (NYSE: VVX) will showcase its latest defense innovations at the 2025 Sea-Air-Space Exposition from April 7-9 at Prince George's Exhibit Hall, Booth 200. The company will present three key solution areas:
Weapon System Integration (WSI): Platform-agnostic solutions for mission-critical weapon capabilities across airborne platforms, enabling enhanced weapons carriage and deployment for fourth and fifth-generation aircraft.
Enhanced Situational Awareness: Featuring the Gateway Mission Router (GMR) for secure real-time connectivity and Common Operating Picture across platforms, including new Wireless Intercom and Maintenance Data Offload capabilities.
Aviation Readiness Services: Supporting over 1,600 aircraft through advanced technologies, data analytics, and four FAA-certified Part 145 repair stations, with notable success in Navy's T-45 and C-12 programs.
V2X (NYSE: VVX) has successfully repriced and extended its $238 million Term Loan A and $500 million Revolving Credit Facility. The amendment includes an updated leverage-based pricing grid that offers over 50 basis points of interest savings compared to the prior grid, with the facility extended by two years to March 2030.
As of December 31, 2024, there were no outstanding borrowings on the company's Revolver. The repricing and extension was well oversubscribed, demonstrating the company's strong market position and commitment to increasing shareholder value.
V2X (NYSE: VVX) has secured a position on the Bridge to Enduring Synthetic Training Environment Tactical Engagement Simulation Systems (BEST MAC) Lot 1 contract, valued at $921 million. The contract spans a 10-year period, including a five-year base and two options (3+2 years).
The contract focuses on supporting the U.S. Army's TESS devices, which enable simulated military training engagements for weapons, vehicles, and aviation systems. This award complements V2X's existing $3.7 billion Warfighter-Training Readiness Solutions task order.
V2X will maintain and modify TESS products to ensure they remain current with evolving weapon systems, enhancing the Army's live training capabilities and supporting national security objectives.
V2X (NYSE: VVX) has secured a position on the U.S. Navy's Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.0, focusing on global logistics capabilities enhancement. The contract, jointly administered by the Army Contracting Command and Naval Supply Systems Command, has an initial five-year period with a $1.2 billion ceiling, extendable to 10 years for a total of $2.4 billion.
The company will support 22 regions, leveraging its global footprint to deliver logistics solutions that sustain military operations. This indefinite-delivery/indefinite-quantity contract aims to streamline procurement processes and enhance logistical support for joint forces and federal agencies worldwide.
V2X (NYSE: VVX) has secured a $100 million contract to support the U.S. Navy's Aegis Ashore facilities in Poland, a critical component of NATO's missile defense system. The contract, structured as firm-fixed-price, includes a one-year base period with seven one-year options and a six-month extension.
The facilities are designed to detect, track, and intercept ballistic missiles in flight, strengthening NATO's defensive capabilities. V2X brings experience from providing similar support services at the U.S. Navy's Aegis Ashore sister site in Romania for the past four years.
V2X (NYSE: VVX) has secured a significant $100 million contract to provide aviation maintenance and support services for the FBI's Critical Incident Response Group. The contract encompasses field-level maintenance, special mission equipment sustainment, training, and administrative services for the FBI's specialized aviation fleet.
The indefinite-delivery, indefinite-quantity agreement includes a five-year ordering period with four 12-month options. V2X will operate across multiple U.S. locations, supporting the FBI's intelligence gathering, investigation operations, and law-enforcement activities by ensuring their aircraft remain mission-ready.
V2X (NYSE: VVX) reported strong Q4 2024 financial results with record revenue of $1.16 billion, up 11% year-over-year. The company achieved significant growth in the Indo-Pacific region (27% y/y) and maintained a book-to-bill ratio of 1.2x with total backlog reaching $12.5 billion.
Key Q4 metrics include record net income of $25.0 million, adjusted net income of $42.7 million (up 10% y/y), and adjusted EBITDA of $86.2 million with a 7.4% margin. The company reported diluted EPS of $0.78 and adjusted diluted EPS of $1.33 (up 9% y/y).
For full-year 2024, V2X generated revenue of $4.32 billion (up 9% y/y) and achieved strong cash flow from operations of $254.2 million. The company successfully reduced net debt by $210 million, reaching a net leverage ratio of 2.6x. Looking ahead to 2025, V2X projects revenue guidance midpoint at $4.44 billion and adjusted EBITDA at $313 million.
V2X (NYSE: VVX) has secured a $21 million firm-fixed-price contract to sustain avionics and electronic warfare systems for the U.S. Air Force. The contract focuses on maintaining AN/ALQ-172 and AN/ALQ-161 components for the B-52 Stratofortress, B-1B, and C-130 fleet.
The AN/ALQ-172 system provides multi-threat countermeasures against various radar threats, while the AN/ALQ-161 system has undergone continuous upgrades since the 1980s to counter evolving electronic threats. The work will be performed at Robins Air Force Base, Georgia and Indianapolis, Indiana, with completion expected in 2029.
CEO Jeremy C. Wensinger emphasized the company's dual mission of enhancing legacy systems with cost-effective solutions while ensuring aircrew safety in evolving threat environments.
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