V2X to Sustain Electronic Warfare Systems for U.S. Air Force
Rhea-AI Summary
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.
Positive
- Secured new $21 million U.S. Air Force contract
- Contract extends through 2029, providing long-term revenue visibility
- Strengthens position in electronic warfare systems maintenance market
Negative
- None.
News Market Reaction
On the day this news was published, VVX declined 2.62%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
As global forces continue to refine their electronic warfare capabilities, V2X's work ensures that
V2X's expertise in sustaining and enhancing these complex avionics plays a crucial role in extending the lifespan and effectiveness of legacy aircraft and their mission systems.
"Our mission is twofold: enhancing the capabilities of legacy systems with cost effective and technology driven solutions, and more importantly, ensuring the safety of B-52, B-1, and C-130 aircrews in an ever-evolving threat environment," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. "This contract reinforces our commitment to delivering and sustaining cutting-edge battlefield solutions that protect warfighters and maintain combat readiness."
Work under this contract will be performed at Robins Air Force Base,
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.
Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773
Media Contact
Angelica Spanos Deoudes
Senior Director, Marketing and Communications
Angelica.Deoudes@goV2X.com
571-338-5195
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SOURCE V2X, Inc.