V2X Secures $141 Million Award to Provide Assured Communications Capability to the Navy Fleet
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Rhea-AI Summary
V2X Inc. (NYSE: VVX) has been awarded a $141 million cost-plus-fixed-fee task order to provide engineering support for Command, Control, Communications, Computer, and Intelligence (C4I) systems as part of the Navy's Fleet Systems Engineering Team (FSET) program. The contract, which extends through July 2029 with an option to extend to 2030, continues V2X's 25-year relationship with the U.S. Navy.
V2X will deliver end-to-end C4I systems engineering solutions to the Navy's afloat force, including command ships, ballistic missile defense ships, strike groups, and specific shore facilities. The company will also offer systems engineering and technical innovation for rapid integration of new capabilities to address emerging threats to Navy networks.
Positive
- Secured a $141 million contract with the U.S. Navy
- Contract extends through July 2029 with option to extend to 2030
- Continues 25-year relationship with the Navy's FSET program
- Expands V2X's footprint with the Navy
Negative
- None.
Details
News Market Reaction – VVX
The recorded move for VVX in the trading session of this news was -0.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"V2X provides a full range of assured communications services that are integral to the readiness of
With the task order, V2X will deliver end-to-end C4I systems engineering solutions to the
This win exemplifies of V2X's expanding footprint with the Navy. The contract extends through July 2029, with an option to extend to 2030.
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.
Media Contact
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195
Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773
View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-secures-141-million-award-to-provide-assured-communications-capability-to-the-navy-fleet-302199395.html
SOURCE V2X, Inc.
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