V2X (VVX) Company Report

V2X, Inc. (NYSE: VVX) has been awarded a $72 million contract to provide support and engineering services for the Gateway Mission Router (GMR).
The GMR is a cyber-hardened solution that enhances air-to-ground operations and supports the Department of Defense's Combined Joint All Domain Command and Control initiative.
This award builds upon a previous $49 million contract, with an estimated completion date of June 25, 2030.

16 hours ago

Press Release

V2X Awarded $980 Million IDIQ Contract

VVX

New Projects/Investments

V2X, Inc. (NYSE: VVX) has been awarded a position on an Automated Test Systems Division's (ATS) Multiple Award indefinite delivery, indefinite quantity (IDIQ) contract by the Air Force Life Cycle Management Center.
The IDIQ contract has a base ordering period of five years with an option to extend for an additional five years, providing flexible support for both legacy and future ATS requirements.
V2X will provide rapid, full lifecycle support for ATS to sustain critical warfighter operations globally, supporting various aircraft platforms and users including the U.S. Air Force and the F-35 Joint Strike Fighter program.

Dec 3, 2025, 12:30 PM

Press Release

V2X Awarded $425 Million Contract for F-16 Cockpit Modernization

VVX

New Projects/Investments

V2X, Inc. was awarded a 10-year, $425 million indefinite-delivery, indefinite-quantity contract on December 1, 2025.
The contract is for modernizing and upgrading cockpit displays for the U.S. Air Force F-16 fleet.
V2X will provide center display units (CDU's) and related support hardware, with work expected to be completed by September 2035.
This award represents the largest V2X has received for the F-16 CDU program.

Dec 1, 2025, 12:30 PM

Press Release

V2X, Inc. Announces Secondary Offering, Share Repurchase, and Board Changes

VVX

Share Buyback

Board Change

V2X, Inc. announced the closing of a public offering on November 13, 2025, where Vertex Aerospace Holdco LLC sold 2.25 million shares of common stock.
The company itself did not sell any securities in the offering and will not receive any proceeds from the sale of shares by the Selling Shareholder.
V2X, Inc. repurchased 363,638 shares of common stock from the Underwriter at a price of $55.00 per share.
Following the offering and repurchase, the Shareholders Agreement automatically terminated, resulting in the Selling Shareholder no longer having the right to designate directors.
Consequently, Dino M. Cusumano and Joel M. Rotroff resigned from the Board of Directors, and the Board's size was reduced from 9 to 7 directors effective November 13, 2025.

Nov 13, 2025, 9:16 PM

8-K

V2X Announces Secondary Offering by Vertex Aerospace and Share Repurchase

VVX

Share Buyback

Board Change

Vertex Aerospace Holdco LLC is selling 2.25 million shares of V2X common stock in a secondary offering, from which V2X will not receive any proceeds.
V2X has agreed to repurchase 363,638 shares of its common stock from the underwriter using cash on hand.
Upon the offering's closing, expected around November 13, 2025, the Shareholders Agreement with Vertex Aerospace will terminate, and Vertex Aerospace will no longer have the right to designate directors to V2X's Board, with affiliated directors resigning.

Nov 12, 2025, 11:30 AM

Press Release

V2X, Inc. Announces Solid Third Quarter 2025 Results and Updates 2025 Guidance

VVX

Earnings

Guidance Update

Share Buyback

V2X, Inc. reported record revenue of $1.17 billion for Q3 2025, an 8% increase year-over-year, alongside adjusted diluted EPS of $1.37, up 6% year-over-year.
The company executed on its capital allocation strategy by repurchasing $10 million of shares and completing a strategic acquisition of a specialized intelligence business during the quarter.
Significant new awards include a $425 million indefinite-delivery, indefinite-quantity contract for F-16 cockpit display modernization and a contract for counter-UAS capabilities.
V2X is raising the mid-point of its 2025 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS, while lowering the mid-point for adjusted net cash provided by operating activities due to potential temporary collection delays.

Nov 3, 2025, 9:07 PM

8-K

V2X Announces Third Quarter 2025 Financial Results

VVX

Earnings

Guidance Update

M&A

V2X reported record revenue of $1.17 billion for the third quarter of 2025, representing an 8% year-over-year increase.
For Q3 2025, adjusted diluted EPS grew 6% year-over-year to $1.37, and adjusted net income reached $43.7 million.
The company repurchased $10 million of shares and completed a strategic acquisition of a specialized intelligence business during the quarter.
V2X is raising the mid-point of its 2025 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS, while lowering the adjusted operating cash flow guidance.

Nov 3, 2025, 9:05 PM

Press Release

V2X Awarded U.S. Navy Task Order

VVX

New Projects/Investments

V2X, Inc. (NYSE: VVX) has been awarded an $84 million task order under the U.S. Navy's Global Contingency Services Multiple Award Contract III indefinite-delivery, indefinite-quantity.
The award includes a one-year base period with three additional option years.
This task order continues V2X's support at Red Hill, Hawaii, to assist the U.S. Military in establishing a safe and reliable water supply system.

Oct 1, 2025, 11:28 AM

Press Release

V2X Completes Acquisition of QinetiQ U.S. Intelligence Business

VVX

M&A

New Projects/Investments

V2X, Inc. (NYSE: VVX) has successfully completed its acquisition of QinetiQ's U.S. Intelligence business.
The transaction was valued at approximately $24 million net of estimated tax benefits.
This acquisition adds new capabilities in data engineering, intelligence mission support, and cyber solutions, expanding V2X's access to critical national security programs and bringing approximately 70 new professionals to the company.

Sep 22, 2025, 11:30 AM

Press Release

V2X secures position on DTRA's $3.5 billion CTRIC IV contract

VVX

New Projects/Investments

V2X Inc. (NYSE: VVX) has been awarded a position on the Defense Threat Reduction Agency's (DTRA) Cooperative Threat Reduction Integrating Contract IV (CTRIC IV).
This indefinite-deliver, indefinite-quantity contract has a ceiling value of $3.5 billion over a five-year base period with five additional option years.
V2X is one of six recipients selected for the CTRIC IV contract, which supports global efforts to counter and eliminate chemical, biological, radiological, and nuclear threats worldwide.

Sep 18, 2025, 11:30 AM

Press Release