V2X Awarded Spot on U.S. Army LTRaC Contract to Advance Live Training and Readiness
Rhea-AI Summary
V2X (NYSE: VVX) has secured a position on the U.S. Army's Live Training, Ranges, and Combat Training Centers (LTRaC) contract, with a ceiling value of $379 million over an eight-year period. The IDIQ contract includes a five-year base and three-year option period. This award complements V2X's existing Army training contracts BEST MAC and W-TRS.
The contract supports the Army's PEO STRI by providing life-cycle product line management, engineering, and manufacturing for training instrumentation systems. V2X will support live fire ranges, Combat Training Centers, home station training environments, and potentially U.S. Marine Corps live training systems. The scope includes technology refresh efforts, modernization initiatives, R&D, and new system delivery for live training systems.
Positive
- Contract ceiling value of $379 million over 8 years
- Completes trio of major Army training contracts alongside BEST MAC and W-TRS
- Potential expansion to U.S. Marine Corps training systems
Negative
- None.
News Market Reaction – VVX
In the trading session that priced this news, VVX gained 1.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LTRaC is expected to modernize and enhance major range and Combat Training Center (CTC) instrumentation systems. Under this contract, V2X will provide support for live fire ranges, CTC's, home station training environments, and potentially
"With the addition of LTRaC, V2X completes the trifecta of premier Army training contracts, joining our work of BEST MAC and W-TRS," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. "From daily operations to modernization and advanced instrumentation, V2X supports every stage of the warfighter's training journey, delivering readiness at scale."
The scope of LTRaC includes continuous technology refresh efforts, modernization initiatives, research and development, and new system delivery for live training systems. "From every soldier and every weapon system, to every major training installation, V2X delivers integrated support across training aids, devices, simulators, and simulations," said Ken Shreves, Senior Vice President of Mission Support at V2X.
The LTRaC IDIQ contract has a ceiling value of
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.