V2X Stock Price, News & Analysis

V2X has secured a $140 million task order to support U.S. Space Force operations at Ascension Island through the Air Force Contract Augmentation Program V (AFCAP V). The five-year contract includes a one-year base period and four one-year options.

The strategic location in the South Atlantic will see V2X delivering essential services to enhance mission outcomes, operational efficiency, and infrastructure resilience. CEO Jeremy C. Wensinger emphasized the island's significant role in advancing Space Force missions.

The contract, starting July 2025, reinforces V2X's position as a trusted AFCAP V partner, highlighting their expertise in managing remote operations globally. This award demonstrates the company's capability to provide full-spectrum solutions and maintain high-quality support services at scale.

V2X (NYSE: VVX) has secured a $103 million contract from the U.S. Navy for Contractor Logistics Support maintenance of C-26 aircraft. The firm-fixed-price contract, commencing in June 2025, involves comprehensive support including aircraft engineering, upgrades maintenance, and modifications for eight C-26A/D aircraft across four operating bases - one U.S. location and three international sites.

The company maintains aircraft readiness rates exceeding 90%, managing all aspects of maintenance, personnel, and equipment. V2X's network of FAA Part 145 repair stations serves as a key differentiator in their service offering. This contract renewal demonstrates the Navy's continued trust in V2X's capabilities to deliver mission-capable aircraft with exceptional performance.

V2X (NYSE: VVX) has appointed Melon Yeshoalul as Senior Vice President and Chief Human Resources Officer, effective April 21, 2025. Reporting to President and CEO Jeremy C. Wensinger, she will oversee the company's global HR strategy, including talent management, recruitment, leadership development, and compensation.

Yeshoalul brings over 20 years of experience in HR, most recently serving in a senior leadership role at Amazon Web Services, where she implemented scalable talent programs. Her previous experience includes HR leadership positions at DXC Technology, PwC, and The Boeing Company.

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.