V2X Awarded $170 Million Contract to Support DEA's Mission in Combating Drug Trafficking and Enhancing National Security
V2X (NYSE: VVX) has secured a $170 million contract to continue supporting the Drug Enforcement Administration's (DEA) fleet of over 100 aircraft. The five-year contract extends V2X's long-standing partnership with the DEA, which began in 1997. The company will provide maintenance and support services to ensure operational readiness of the DEA's special mission aircraft and pilot development programs, contributing to the agency's drug trafficking prevention and national security missions.
V2X (NYSE: VVX) ha ottenuto un contratto da 170 milioni di dollari per continuare a supportare la flotta di oltre 100 aerei della Drug Enforcement Administration (DEA). Il contratto quinquennale estende la lunga partnership di V2X con la DEA, iniziata nel 1997. L'azienda fornirà servizi di manutenzione e supporto per garantire la prontezza operativa degli aerei per missioni speciali della DEA e dei programmi di sviluppo dei piloti, contribuendo alle missioni di prevenzione del traffico di droga e di sicurezza nazionale dell'agenzia.
V2X (NYSE: VVX) ha asegurado un contrato de 170 millones de dólares para seguir apoyando a la flota de más de 100 aeronaves de la Drug Enforcement Administration (DEA). El contrato de cinco años amplía la larga asociación de V2X con la DEA, que comenzó en 1997. La empresa proporcionará servicios de mantenimiento y apoyo para garantizar la preparación operativa de las aeronaves de misión especial de la DEA y los programas de desarrollo de pilotos, contribuyendo a las misiones de la agencia en la prevención del tráfico de drogas y la seguridad nacional.
V2X (NYSE: VVX)는 1억 7천만 달러 계약을 체결하여 Drug Enforcement Administration(DEA)의 100대 이상의 항공기 지원을 계속합니다. 이 5년짜리 계약은 1997년 시작된 V2X와 DEA의 오랜 파트너십을 연장합니다. 이 회사는 DEA의 특수 임무 항공기와 조종사 개발 프로그램의 운영 준비를 보장하기 위해 유지보수 및 지원 서비스를 제공하여 기관의 마약 밀매 방지 및 국가 안전 임무에 기여할 것입니다.
V2X (NYSE: VVX) a obtenu un contrat de 170 millions de dollars pour continuer de soutenir la flotte de plus de 100 aéronefs de la Drug Enforcement Administration (DEA). Ce contrat de cinq ans prolonge le partenariat de longue date de V2X avec la DEA, qui a débuté en 1997. L’entreprise fournira des services de maintenance et de support pour garantir l'état opérationnel des aéronefs en mission spéciale de la DEA et des programmes de développement des pilotes, contribuant ainsi aux missions de l'agence en matière de prévention du trafic de drogue et de sécurité nationale.
V2X (NYSE: VVX) hat einen Vertrag über 170 Millionen Dollar gesichert, um weiterhin die Flotte von über 100 Flugzeugen der Drug Enforcement Administration (DEA) zu unterstützen. Der fünfjährige Vertrag erweitert die langjährige Partnerschaft von V2X mit der DEA, die 1997 begann. Das Unternehmen wird Wartungs- und Unterstützungsdienste bereitstellen, um die Einsatzbereitschaft der speziellen Missionsflugzeuge der DEA und der Pilotenausbildungsprogramme zu gewährleisten und trägt zu den Missionen der Behörde zur Bekämpfung des Drogenhandels und zur nationalen Sicherheit bei.
- Secured significant $170 million contract
- Five-year contract duration provides stable revenue stream
- Continuation of existing partnership since 1997 demonstrates strong client relationship
- Large-scale project covering over 100 aircraft
- None.
Insights
The
The contract's focus on maintaining over 100 specialized aircraft suggests high-margin work requiring specialized expertise in aviation maintenance and logistics. Government contracts of this nature typically carry favorable payment terms and strong profit margins ranging from
This contract renewal carries strategic significance beyond its monetary value. The DEA's aviation fleet maintenance requirements involve specialized technical expertise that few contractors can provide, positioning V2X advantageously in the competitive landscape. The five-year commitment provides important backlog stability and enhances V2X's credentials for pursuing similar contracts with other federal agencies.
The timing is particularly favorable given increased federal focus on border security and drug interdiction efforts. This established relationship with the DEA could lead to additional scope expansion opportunities as mission requirements evolve. The contract also provides valuable past performance credentials for upcoming competitive bids in the federal aviation services space.
"V2X has consistently demonstrated a complete understanding of the DEA's mission, and the flexibility required to support its special mission aircraft and pilot development," said Jeremy C. Wensinger, President and CEO of V2X. "This award reflects the trust placed in our team to deliver high-impact solutions that empower the DEA to combat drug trafficking and safeguard national security."
V2X has been steadfast in supporting this vital mission since 1997 and this five-year contract will ensure continued operational readiness for the DEA's aircraft fleet. V2X remains dedicated to advancing national security by leveraging its decades of experience and innovative solutions to support critical missions.
About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission's lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today's toughest challenges across all operational domains.
Media Contact
Angelica Spanos Deoudes
Senior Director, Marketing and Communications
Angelica.Deoudes@goV2X.com
571-338-5195
Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773
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SOURCE V2X, Inc.
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