V2X Awarded $84 Million U.S. Navy Task Order to Support Critical Water Supply Systems in the Indo-Pacific Region
Rhea-AI Summary
V2X (NYSE:VVX) has secured an $84 million task order from the U.S. Navy under their Global Contingency Services Multiple Award Contract III. The contract includes a one-year base period with three option years, focusing on supporting water supply systems at Red Hill, Hawaii.
Under the leadership of CEO Jeremy C. Wensinger, V2X will continue its mission to establish safe and reliable water infrastructure, building on its existing presence across the Pacific region. The award demonstrates V2X's capability in delivering rapid, multi-domain solutions for critical contingency and humanitarian operations.
Positive
- Secured significant $84 million U.S. Navy task order
- Contract includes three additional option years beyond base period
- Strengthens company's presence in the Indo-Pacific region
- Builds on existing relationship with U.S. Military customers
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, VVX declined 0.02%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The task order continues V2X's ongoing support at Red Hill,
"This award reaffirms our commitment to providing essential services during times of necessity," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. "V2X has a proven track record of meeting our customers' needs, in all environments worldwide."
V2X's work in
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
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195
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SOURCE V2X, Inc.