V2X Wins $87 Million Contract Supporting F/A-18 Mission Readiness

Rhea-AI Summary

V2X (NYSE: VVX) has secured an $87 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to support SUU-79 pylons on F/A-18 Super Hornet and EA-18G Growler aircraft used by the U.S. Navy. The work, focused on overhaul, sustainment, and modernization of these mission-critical components, will be performed in Indianapolis, Indiana, with completion expected by January 2030. The contract leverages V2X’s long-standing experience maintaining Navy aircraft systems since the 1980s.

Positive

• $87 million firm-fixed-price IDIQ contract award
• Contract work scheduled through January 2030, providing multi-year revenue visibility
• Reinforces V2X’s long-term sustainment role on Navy F/A-18 platforms since the 1980s

Negative

• None.

News Explained

The V2X award adds contracted work to overhaul and modernize SUU-79 pylons—aircraft components that enable the Navy’s F/A-18 and EA-18G aircraft to carry and deploy weapons—under an $87 million firm-fixed-price IDIQ contract running through January 2030.

Market Context

V2X's two recent index-related announcements recorded 4.48% and 3.57% 24-hour reactions, adding cont...

Analysis

V2X's two recent index-related announcements recorded 4.48% and 3.57% 24-hour reactions, adding context for this contract award. The platform record supports monitoring execution through January 2030, with low short positioning as a limited volatility factor.

Key Figures

Contract value: $87 million Expected completion: January 2030 Support history: Since the 1980s

3 metrics

Contract value $87 million Firm-fixed-price contract for SUU-79 pylon sustainment

Expected completion January 2030 Contract work in Indianapolis, Indiana

Support history Since the 1980s V2X sustainment support for Navy aircraft systems

Historical Context

5 past events · Latest: Jul 27 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 27	Index inclusion	Positive	+4.5%	V2X joined the S&P SmallCap 600 index following the latest rebalancing.
Jul 20	Index addition	Positive	+3.6%	S&P announced V2X would join the S&P SmallCap 600 effective July 27.
Jul 14	Earnings scheduling	Neutral	-0.2%	V2X scheduled its second-quarter 2026 results release for August 3.
Jun 05	Conference participation	Neutral	+1.5%	Management scheduled a fireside chat and Q&A at a Wells Fargo conference.
Jun 03	Loan repricing	Positive	-0.6%	V2X repriced its first-lien term loan to reduce borrowing costs.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

V2X's recent positive announcements produced mixed 24-hour reactions, while both recent index-inclusion announcements were followed by positive moves.

Key Terms

firm-fixed-price, indefinite-delivery/indefinite-quantity, pylons

3 terms

firm-fixed-price financial

"has been awarded an $87 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract"

A firm-fixed-price contract sets a single, unchanging price for goods or services that the seller must deliver, regardless of how much those costs rise or fall during performance. For investors, this matters because the buyer bears little cost uncertainty while the seller absorbs any cost overruns, which can make revenue more predictable but can squeeze profit margins if expenses increase—think of agreeing to buy a product at a set price even if the seller’s costs go up.

indefinite-delivery/indefinite-quantity regulatory

"firm-fixed-price, indefinite-delivery/indefinite-quantity contract to enhance the performance"

An indefinite-delivery/indefinite-quantity (IDIQ) contract is a purchasing agreement used mainly by governments where the buyer commits to buy goods or services over a set time but does not specify exact quantities or delivery dates up front. For investors this matters because an IDIQ can create a steady pipeline of potential orders and recurring revenue like a standing grocery list a store can draw from, while leaving total future sales and timing uncertain.

pylons technical

"enhance the performance, longevity, and mission readiness of SUU-79 pylons"

Tall, usually steel or concrete upright structures that support overhead power lines, signage, bridges, or similar heavy equipment; they act like the scaffolding that keeps cables and large fixtures held safely above ground. Investors care because pylons are a key physical asset in utilities, transportation, and infrastructure projects—their condition, location, and regulatory or construction costs affect service reliability, maintenance expenses and capital requirements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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RESTON, Va., Aug. 5, 2026 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has been awarded an $87 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to enhance the performance, longevity, and mission readiness of SUU-79 pylons supporting F/A-18 Super Hornet and EA-18G Growler aircraft operated by the United States Navy.

The SUU-79 pylons are critical sub-systems mounted beneath the aircraft wing, enabling the carriage and deployment of weapons, missiles, and other mission-essential stores. These components play a vital role in ensuring full mission lethality and operational effectiveness across a range of combat and support missions. V2X has supported sustainment of these Navy aircraft's systems, including pylons, since the first F/A-18 aircraft entered into service in the 1980s. 

Through this contract, V2X will sustain and modernize mission-critical capabilities by overhauling this key aircraft component for frontline naval aviation operations. By applying advanced repair techniques and lifecycle sustainment expertise, V2X helps extend the operational relevance of these platforms to ensure continued alignment with evolving mission requirements.

"This award reflects our continued commitment to delivering mission-critical sustainment solutions that ensure operational readiness for our naval forces," said Jeremy C. Wensginer, President and Chief Executive Officer at V2X. "These pylons are actively supporting missions today, and our work ensures they remain ready, reliable, and capable of enabling full-spectrum combat operations whenever and wherever they are needed. This is yet another example of supporting the modernization of critical aviation systems."

Under the contract, all work will be performed in Indianapolis, Indiana, with completion expected by January 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 right technologies including AI and machine learning capabilities to meet today's toughest challenges across all operational domains and maintain relevancy for the evolving mission parameters.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-wins-87-million-contract-supporting-fa-18-mission-readiness-302843126.html

SOURCE V2X, Inc.

FAQ

What did V2X (NYSE: VVX) announce on August 5, 2026?

V2X announced an $87 million firm-fixed-price IDIQ contract to support SUU-79 pylons on U.S. Navy F/A-18 and EA-18G aircraft. According to V2X, the work focuses on overhauling and modernizing these mission-critical components to enhance performance, longevity, and mission readiness.

How much is the new U.S. Navy contract worth for V2X (VVX)?

The new contract awarded to V2X is valued at $87 million. According to V2X, it is a firm-fixed-price, indefinite-delivery/indefinite-quantity agreement to sustain and modernize SUU-79 pylons used on F/A-18 Super Hornet and EA-18G Growler aircraft.

What is the purpose of V2X’s SUU-79 pylon contract for F/A-18 aircraft?

The contract aims to enhance performance, longevity, and mission readiness of SUU-79 pylons on F/A-18 and EA-18G aircraft. According to V2X, it will overhaul these key components, supporting weapons carriage and deployment for full-spectrum combat and support missions.

When will V2X complete work under the $87 million VVX Navy contract?

V2X expects to complete all work under the contract by January 2030. According to V2X, all overhaul and sustainment activities for the SUU-79 pylons will be performed in Indianapolis, Indiana, over the multi-year performance period.

Where will V2X perform the work for its SUU-79 pylon contract (VVX)?

All contract work will be performed in Indianapolis, Indiana. According to V2X, the Indianapolis operations will handle overhaul, sustainment, and modernization of the SUU-79 pylons supporting U.S. Navy F/A-18 Super Hornet and EA-18G Growler aircraft.

How does this Navy contract align with V2X’s history with F/A-18 aircraft?

The contract continues V2X’s sustainment support for Navy F/A-18 systems that began in the 1980s. According to V2X, its lifecycle sustainment expertise and advanced repair techniques help extend the operational relevance of these platforms for evolving mission requirements.