V2X Stock Price, News & Analysis

V2X, Inc. (NYSE: VVX), a key player in defense solutions, is set to report its first quarter 2023 financial results on May 9, 2023, after market close. A conference call with senior management will follow at 4:30 p.m. ET.

The announcement underscores V2X's commitment to delivering critical mission support to defense clients worldwide. The company emerged from the 2022 merger of Vectrus and Vertex, leveraging over 120 years of combined expertise to provide integrated solutions across various defense markets.

Investors can access the live conference call via dial-in options and a webcast available through the company’s website. A replay will also be available for a year post-call.

V2X (NYSE: VVX) has secured a $440 million contract with the U.S. Navy to provide maintenance support for Naval Test Wing Pacific (NTWP) at Point Mugu and China Lake, CA. This seven-year contract, which extends to March 2030, involves flightline maintenance, logistics, and technical support for squads VX-30 and VX-31. V2X CEO Chuck Prow emphasized the company's commitment to mission readiness and its established history in supporting Naval Aviation. This contract aligns with NAVAIR’s goals for developing and sustaining advanced capabilities for the Navy.

V2X, Inc. (NYSE: VVX), a top provider of mission solutions for defense clients, announced its participation in the Raymond James & Associates 44th Annual Institutional Investors Conference. This event will take place on March 6, 2023, at 4:00 p.m. Eastern time. Investors can tune into a live webcast of the briefing at this link, which will also be available for replay for 30 days. V2X was formed through the merger of Vectrus and Vertex in 2022, combining over 120 years of experience in defense support.

On March 2, 2023, V2X, Inc. (NYSE: VVX) reported strong financial results for Q4 and full-year 2022, following its merger with Vertex Aerospace. Q4 revenue reached $978.2 million, a 20% year-over-year increase on a pro forma basis, driven by significant growth in the INDOPACOM region. The company boasted a substantial backlog of over $12 billion and an adjusted EBITDA of $79.3 million. Full-year revenue was $2.891 billion, with a diluted EPS of ($0.68). For 2023, V2X anticipates revenue growth of 5% and adjusted EBITDA growth of 8%. The company successfully repaid $25 million of debt and refinanced its credit facilities for improved liquidity.

V2X, Inc. (NYSE: VVX) is set to report its financial results for the fourth quarter and full year of 2022 on March 2, 2023, after market close. A conference call with senior management will occur at 4:30 p.m. ET on the same day. Interested U.S. participants can join at 877-506-6380, while international participants may call 412-542-4198. V2X, formed from the 2022 merger of Vectrus and Vertex, delivers mission support to defense clients globally, employing about 14,000 personnel. A replay of the call will be accessible on the company's investor relations website for one year.

V2X, Inc. (NYSE: VVX) has announced a prepayment of $25 million on its $185 million Second Lien Term Loan, made on December 30, 2022. This strategic move aims to reduce interest expenses and enhance shareholder returns. CFO Susan Lynch emphasized the company's commitment to improving its cost of capital and achieving further interest savings. V2X, formed by the merger of Vectrus and Vertex, provides critical mission solutions to defense clients worldwide, leveraging over 120 years of combined experience.

Vectrus, Inc. announced its third quarter 2022 financial results following the merger with Vertex Aerospace, forming V2X, Inc. Key highlights include a solid revenue of $958.2 million, with pro forma revenue up 10% y/y. Adjusted operating income reached $73.6 million, and adjusted EBITDA was $79.0 million, achieving an 8.2% margin. The company reduced its net debt by $87 million since the merger, showcasing strong cash flow generation. V2X raised its guidance for the second half of 2022, reflecting confidence in growth opportunities.