V2X Extends Strategic Partnership with General Motors to Deliver Advanced Technical Training Nationwide
Rhea-AI Summary
V2X (NYSE:VVX) extended its multi-year partnership with General Motors (NYSE:GM) through 2030 in a contract valued at over $100 million to continue designing, delivering, and evaluating technical training across GM's nearly 4,000 U.S. dealerships.
Under the agreement V2X will operate the flagship GM Technical Training Center in Troy, MI, support the World Class Technician certification program, and help train more than 40,000 service technicians and apprentices annually.
Positive
- Multi-year contract valued at >$100 million through 2030
- Covers technical training across nearly 4,000 U.S. dealerships
- Supports operation of the flagship GM Technical Training Center in Troy, MI
- Trains >40,000 service technicians and apprentices annually
Negative
- None.
News Market Reaction – VVX
In the Mar 10 session, VVX declined 2.78%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The partnership includes operation of the flagship GM Technical Training Center in
Now in its 26th year, the GM Service Technical College, in collaboration with V2X, trains more than 40,000 Service Technicians and Apprentices annually. The curriculum is continually updated to address emerging technologies and evolving vehicle model requirements, ensuring GM's technician workforce is prepared to uphold the brand's promise of exceptional customer service.
"The partnership with GM exemplifies the power of aligning technical training with a company's evolving needs," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. "Our work with GM has been pivotal in driving our growth across the commercial, government, and military technical training markets. Every day, we strive to earn and uphold GM's trust in V2X."
This ongoing collaboration is founded on a shared commitment to innovation in learning methods and training media. As a result, GM consistently leads the industry in the quality of facilities and resources dedicated to training, while achieving top-tier customer satisfaction ratings.
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
View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-extends-strategic-partnership-with-general-motors-to-deliver-advanced-technical-training-nationwide-302709110.html
SOURCE V2X, Inc.