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V2X Awarded New Foreign Military Sales Contract Supporting Iraq's F-16 Program

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V2X (NYSE: VVX) has secured a significant $118 million cost-plus-fixed-fee undefinitized contract to support Iraq's F-16 program through Foreign Military Sales. The contract, which will be fully defined by the end of 2025, has a potential five-year performance period.

The scope of work includes comprehensive base operations, life support services, and other operations at Martyr BG Ali Flaih Air Base in Iraq. This strategic contract highlights V2X's expansion in foreign military sales and international markets, leveraging their experience across air, land, sea, space, and cyber domains.

V2X (NYSE: VVX) ha ottenuto un importante contratto indefinito a costo maggiorato più tariffa fissa di 118 milioni di dollari per supportare il programma F-16 in Iraq tramite le Vendite Militari Esterne. Il contratto, che sarà completamente definito entro la fine del 2025, prevede un possibile periodo di esecuzione di cinque anni.

Il lavoro comprende operazioni di base complete, servizi di supporto vitale e altre attività presso la base aerea Martyr BG Ali Flaih in Iraq. Questo contratto strategico evidenzia l'espansione di V2X nelle vendite militari estere e nei mercati internazionali, sfruttando la loro esperienza nei domini aerei, terrestri, marittimi, spaziali e cibernetici.

V2X (NYSE: VVX) ha asegurado un importante contrato indefinido de costo más tarifa fija de 118 millones de dólares para apoyar el programa F-16 de Irak a través de Ventas Militares al Extranjero. El contrato, que se definirá completamente para finales de 2025, tiene un posible período de ejecución de cinco años.

El alcance del trabajo incluye operaciones integrales en la base, servicios de soporte vital y otras operaciones en la Base Aérea Martyr BG Ali Flaih en Irak. Este contrato estratégico destaca la expansión de V2X en ventas militares extranjeras y mercados internacionales, aprovechando su experiencia en los dominios aéreo, terrestre, marítimo, espacial y cibernético.

V2X (NYSE: VVX)는 해외 군사 판매를 통해 이라크 F-16 프로그램을 지원하기 위해 1억 1,800만 달러 규모의 비용 가산 고정 수수료 미확정 계약을 확보했습니다. 이 계약은 2025년 말까지 완전히 확정될 예정이며, 최대 5년간 수행될 수 있습니다.

업무 범위에는 이라크의 Martyr BG Ali Flaih 공군 기지에서의 포괄적인 기지 운영, 생명 유지 서비스 및 기타 운영이 포함됩니다. 이 전략적 계약은 항공, 지상, 해상, 우주 및 사이버 영역에서의 경험을 활용하여 V2X가 해외 군사 판매 및 국제 시장에서 확장하고 있음을 보여줍니다.

V2X (NYSE : VVX) a obtenu un contrat indéfini important de 118 millions de dollars à coût majoré plus frais fixes pour soutenir le programme F-16 en Irak via les ventes militaires à l'étranger. Le contrat sera entièrement défini d'ici la fin 2025 et pourrait s'étendre sur une période de cinq ans.

Le périmètre des travaux comprend des opérations complètes de base, des services de soutien vital et d'autres opérations à la base aérienne Martyr BG Ali Flaih en Irak. Ce contrat stratégique souligne l'expansion de V2X dans les ventes militaires étrangères et les marchés internationaux, en tirant parti de leur expérience dans les domaines aérien, terrestre, maritime, spatial et cybernétique.

V2X (NYSE: VVX) hat einen bedeutenden unbefristeten Kosten-plus-Festpreis-Vertrag über 118 Millionen US-Dollar zur Unterstützung des F-16-Programms im Irak durch Auslandswaffenverkäufe gesichert. Der Vertrag wird bis Ende 2025 vollständig definiert sein und kann eine Laufzeit von fünf Jahren haben.

Der Leistungsumfang umfasst umfassende Basisbetriebs-, Lebensunterhaltsdienste und weitere Operationen auf der Martyr BG Ali Flaih Luftwaffenbasis im Irak. Dieser strategische Vertrag unterstreicht V2Xs Expansion im Bereich der Auslandswaffenverkäufe und internationalen Märkte, wobei die Erfahrung in den Bereichen Luft, Land, See, Weltraum und Cyber genutzt wird.

Positive
  • Initial contract value of $118 million with potential for five-year performance period
  • Strategic expansion into foreign military sales and international markets
  • Cost-plus-fixed-fee structure provides revenue stability
Negative
  • Contract remains undefinitized, pending final terms by end of 2025
  • Operations in high-risk geographical location (Iraq) may present operational challenges

RESTON, Va., June 30, 2025 /PRNewswire/ -- V2X Inc., (NYSE: VVX) has been awarded a new cost-plus-fixed-fee undefinitized contract to provide support services for the Iraq F-16 program.

The initial contract value is $118 million to support an immediate start with full definitization of the contract before the end of 2025. The full period of performance of the contract is expected to be five years. 

The contract, awarded under the Foreign Military Sales program, includes comprehensive base operations, life support services, and other operations. Work will be performed at Martyr BG Ali Flaih Air Base in Iraq.

"This award is a testament to the strength of V2X's full-spectrum capabilities," said Ken Shreves, Senior Vice President of Mission Support at V2X. "We are honored to have been selected to deliver this critical strategic capability to the Iraqi Air Force in this high-stakes environment."  

Jeremy C. Wensinger, President and Chief Executive Officer of V2X added, "This award reflects our ability to leverage a broad portfolio of capabilities and our global footprint into larger and more strategic opportunities. Foreign military sales and international markets represent a significant and growing area of opportunity for V2X."  

V2X brings decades of experience enabling complex missions from start to finish in global theaters across air, land, sea, space, and cyber domains. 

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
Senior Director, Marketing and Communications  
Angelica.Deoudes@goV2X.com
571-338-5195

 

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SOURCE V2X, Inc.

FAQ

What is the value of V2X's (VVX) new Iraq F-16 support contract?

The initial contract value is $118 million, with the contract expected to be fully defined before the end of 2025.

How long is the period of performance for V2X's (VVX) Iraq F-16 contract?

The full period of performance is expected to be five years.

What services will V2X (VVX) provide under the Iraq F-16 contract?

V2X will provide comprehensive base operations, life support services, and other operations at Martyr BG Ali Flaih Air Base in Iraq.

Where will V2X (VVX) perform the work for the Iraq F-16 contract?

The work will be performed at Martyr BG Ali Flaih Air Base in Iraq.

What type of contract did V2X (VVX) receive for the Iraq F-16 program?

V2X received a cost-plus-fixed-fee undefinitized contract under the Foreign Military Sales program.
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