Jo Ann Bjornson, a human resources executive, has joined V2X (NYSE: VVX) as senior vice president and chief HR officer. V2X said Tuesday she will directly report to President and CEO Chuck Prow as part of the executive team and will oversee recruitment, talent management, compensation, benefits, leadership development and other initiatives related t...
V2X (NYSE: VVX) reported $943.5 million in revenue during the first quarter of 2023, reflecting a year-over-year increase of 12 percent on a pro forma basis. The company said Tuesday it ended the quarter with a total backlog of $11.8 billion, of which $2.6 billion was funded. “Revenue growth in the quarter was generated by...
After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...
V2X (NYSE: VVX) has transferred its headquarters to a new office space in Fairfax County, Virginia, as part of efforts to facilitate collaboration with government agency clients and business partners and gain access to a pool of talent in the area. The company said Monday its corporate HQ office features new technology platforms, workplace settings...
Executive Mosaic is honored to recognize V2X CEO and President Chuck Prow as a winner of the 2023 Wash100 Award, an annual distinction bestowed upon the best and brightest “executives of consequence” within the vast and multi-faceted government contracting ecosystem. Prow’s win this year is attributed to his demonstr...
In 2022, the GovCon landscape saw announcements and completions of merger-and-acquisition deals at privately held, publicly traded and private equity backed companies that sought to expand what they could offer to their federal customers. Continuing reading below for Executive Mosaic editorial team’s rundown of transactions and insights from i...
Carey Smith, chair, president and CEO of Parsons (NYSE: PSN), and Zachary Parker, president, CEO and board chair at DLH (Nasdaq: DLHC), will continue to serve for another year as chair and vice chair, respectively, of the Professional Services Council’s board of directors. John Heller, president and CEO of Amentum, will serve a one-year term...
When Vectrus and The Vertex Company completed their merger to form V2X in July, the enterprise’s projected pro forma revenue was approximately $3.4 billion. As the year comes to a close, V2X now has a combined backlog of over $12 billion, which is three and a half times more than early estimates anticipated. Leading the merged entity’s...
V2X (NYSE: VVX) reported $958.2 million in revenue during the third quarter of 2022 and saw its pro forma revenue climb 10 percent year-over-year to $961.3 million. The company said Tuesday the quarterly results reflect the contributions of Vectrus between July 1 and end of September and Vertex from July 5 to Sept. 30. On...
V2X (NYSE: VVX) reported $498 million in sales for the second quarter of 2022, up 6 percent from the prior-year period, and said the quarterly results for the period ended July 1 reflect contributions of Vectrus prior to the completion of its merger with The Vertex Company. In early July, Vectrus closed its all-stock merger...
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