V2X (NYSE: VVX) has secured a five-year, $3.7 billion task order from the U.S. Army to ensure warfighter readiness against a wide range of threats. The McLean, Virginia-headquartered contractor said Wednesday that it will provide a flexible enterprise technology meant to enable the Army to employ critical training devices worldwide. The ...
V2X (NYSE: VVX) reported record revenue of $1.07 billion during the second quarter of 2024, reflecting a year-over-over increase of 10 percent, and posted $759 million in quarterly bookings with a total backlog of $12.2 billion, of which $2.9 billion was funded. The McLean, Virginia-based defense services contractor said Tuesday it recorded $27.4 mi...
V2X (NYSE: VVX) has booked a $141 million U.S. Navy task order for continued delivery of assured communication capability to the naval fleet. Under the cost-plus-fixed-fee award, the company said Wednesday it will perform engineering services in support of the command, control, communications, computer and intelligence systems used by the service br...
Jeremy Wensinger, a 35-year government services and defense industry executive, has been hired to succeed Chuck Prow, a 2024 Wash100 awardee who has been at the helm of V2X (NYSE: VVX) since 2022, as president and CEO of the McLean, Virginia-based aerospace and defense contractor, effective June 17. V2X said Monday Wensinger will also serve...
V2X (NYSE: VVX) delivered strong first quarter 2024 results, evidenced by revenue growth, a quarterly profit and a significant backlog. The company said Tuesday it will also capitalize on several opportunities as it continues to transform and deliver enhanced capabilities in an ever-growing market. Chuck Prow, president and CEO of V2X and a 2024 Was...
V2X CEO and President Chuck Prow has been recognized for the tenth time by Executive Mosaic for the Wash100 Award. Prow continually impresses EM through his galactic growth of V2X and aggressive pursuit of new contract awards. The Wash100 Award is given to the group of 100 individuals EM deems the stand-outs and talents-to-watch in the...
V2X emerged as a new government services provider in the summer of 2022 after a merger between Vectrus and Vertex. Now, V2X is looking toward the future with a focus on expanding into new areas and strengthening its presence in its existing markets and capability areas. Executive Mosaic sat down with V2X Chief Financial Officer and...
V2X (NYSE: VVX) will continue supporting the U.S. Army Central Command’s operations in Kuwait and other areas of responsibility in the Middle East under a $190 million training and range operations maintenance services contract. Under the firm-fixed-price award, the company said Thursday it will deliver training support as well as the ope...
V2X (NYSE: VVX) reported new records in the third quarter of 2023, including a new top-line record for the company. In the three months that ended Sept. 29, 2023, revenue increased five percent to $1 billion and because of the strong $1.3 billion contract awards, the total backlog reached an all-time high of $13.3 billion...
The U.S. Air Force plans to increase the ceiling value of a potential $6.4 billion multiple-award, indefinite-delivery/indefinite-quantity contract used to acquire natural disaster recovery, contingency and humanitarian support services to $15 billion. Increasing the ceiling amount of the Air Force Contract Augmentation Program V IDIQ contract will ...
