V2X Selected for Navy's WEXMAC 2.0 Contract, Enhancing Global Readiness

Rhea-AI Summary

V2X (NYSE: VVX) has secured a position on the U.S. Navy's Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.0, focusing on global logistics capabilities enhancement. The contract, jointly administered by the Army Contracting Command and Naval Supply Systems Command, has an initial five-year period with a $1.2 billion ceiling, extendable to 10 years for a total of $2.4 billion.

The company will support 22 regions, leveraging its global footprint to deliver logistics solutions that sustain military operations. This indefinite-delivery/indefinite-quantity contract aims to streamline procurement processes and enhance logistical support for joint forces and federal agencies worldwide.

Positive

• Secured position on major Navy WEXMAC 2.0 contract worth $1.2B over 5 years
• Potential contract extension to 10 years, doubling value to $2.4B
• Coverage of 22 regions demonstrates broad operational capability
• Strategic positioning in military logistics and supply chain solutions

Negative

• Contract value contingent on task order awards - no guaranteed minimum
• Multiple-award contract structure indicates competition with other vendors

RESTON, Va., March 17, 2025 /PRNewswire/ -- V2X (NYSE: VVX) has been awarded a position on the U.S. Navy's Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.0, a key vehicle for delivering enhanced global logistics capabilities.

Administered jointly by the Army Contracting Command and the Naval Supply Systems Command, WEXMAC 2.0 streamlines procurement processes and integrates technology to enhance logistical support for joint forces and federal agencies worldwide. The contract is designed to strengthen global military operations through rapid and efficient supply chain solutions.

V2X was selected to support 22 regions and will leverage its global footprint to deliver solutions and logistical capabilities that sustain and set the theater. This multiple-award, indefinite-delivery/indefinite-quantity contract has an initial five-year period with a ceiling value of $1.2 billion, with an option to extend up to 10 years for a total of $2.4 billion.

"This award reaffirms our commitment to delivering mission-critical solutions that strengthen global security and ensure warfighters have the resources they need," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. "It advances the defense logistics framework, enabling exceptional support for global expeditionary missions with efficiency, reliability, and agility."

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 total value of V2X's WEXMAC 2.0 contract with potential extension?

The contract has a potential total value of $2.4 billion over 10 years if the extension option is exercised.

How many regions will V2X support under the WEXMAC 2.0 contract?

V2X will support 22 regions under the WEXMAC 2.0 contract.

What is the initial duration and value of VVX's Navy WEXMAC 2.0 contract?

The initial contract period is 5 years with a ceiling value of $1.2 billion.

Which government agencies are administering the WEXMAC 2.0 contract awarded to VVX?

The contract is jointly administered by the Army Contracting Command and the Naval Supply Systems Command.

What type of services will VVX provide under the WEXMAC 2.0 contract?

VVX will provide global logistics capabilities, supply chain solutions, and logistical support for joint forces and federal agencies worldwide.