V2X Wins $100M Contract to Strengthen Missile Defense in Poland and Advance Transatlantic Security
Rhea-AI Summary
V2X (NYSE: VVX) has secured a $100 million contract to support the U.S. Navy's Aegis Ashore facilities in Poland, a critical component of NATO's missile defense system. The contract, structured as firm-fixed-price, includes a one-year base period with seven one-year options and a six-month extension.
The facilities are designed to detect, track, and intercept ballistic missiles in flight, strengthening NATO's defensive capabilities. V2X brings experience from providing similar support services at the U.S. Navy's Aegis Ashore sister site in Romania for the past four years.
Positive
- Secured substantial $100M contract with U.S. Navy
- Long-term revenue visibility with 7-year extension options
- Expands presence in NATO defense infrastructure
- Leverages existing experience from Romanian operations
Negative
- None.
News Market Reaction – VVX
On the day this news was published, VVX gained 1.64%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"This contract underscores our commitment to high-consequence missions," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. For the past four years, V2X has provided support services at the
The contract is firm-fixed-price with a one-year base period, seven one-year options, and an additional six-month extension.
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
Senior Director, Marketing and Communications
Angelica.Deoudes@goV2X.com
571-338-5195
Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
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SOURCE V2X, Inc.