V2X Wins $980 Million IDIQ Contract to Support Global Warfighter Test Systems

Rhea-AI Summary

V2X (NYSE: VVX) was awarded a $980 million IDIQ position with the Air Force Life Cycle Management Center to provide rapid, full lifecycle support for Automated Test Systems (ATS).

The contract covers sustainment of ATS for fighter jets, bombers, cargo/airlift/tanker aircraft, UAVs, helicopters and supports users including the U.S. Air Force, Air Force Reserve, Air National Guard, the F-35 program and Foreign Military Sales customers.

The IDIQ has a 5-year base ordering period with an option to extend for an additional 5 years, and includes maintenance of both commercial and noncommercial products across the ATS portfolio.

Positive

• $980 million IDIQ position awarded to V2X
• 5-year base ordering period with an additional 5-year option
• Covers sustainment for ATS across multiple aircraft platforms
• Named users include U.S. Air Force, Air National Guard and F-35 program

Negative

• None.

News Market Reaction

+1.84%

1 alert

+1.84% News Effect

On the day this news was published, VVX gained 1.84%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

ATS IDIQ ceiling: $980 million Base ordering period: 5 years Option period: 5 years +2 more

5 metrics

ATS IDIQ ceiling $980 million Air Force Automated Test Systems multi‑award IDIQ

Base ordering period 5 years Initial term of ATS IDIQ contract

Option period 5 years Optional extension term for ATS IDIQ

Share price pre‑news $55.00 Price before publication on Dec 3, 2025

Price vs 52‑week high -13.71% Below 52‑week high of $63.74 prior to news

Market Reality Check

Price: $68.83 Vol: Volume 862,529 is 2.85x t...

high vol

$68.83 Last Close

Volume Volume 862,529 is 2.85x the 20‑day average of 302,895, showing elevated interest ahead of this award. high

Technical Price at $55.00 is trading above the 200‑day MA of $51.86 and sits 13.71% below the $63.74 52‑week high.

Peers on Argus

Several aerospace/defense peers were positive, with ATRO up 6.1%, DCO up 2.88%, ...

Several aerospace/defense peers were positive, with ATRO up 6.1%, DCO up 2.88%, RDW up 3.65%, and CDRE up 1.05%, while EVEX fell 2.08%. With VVX up 4.11% pre‑news and no momentum‑scanner hits, the move appears more stock‑specific than a broad sector rotation.

Historical Context

5 past events · Latest: Dec 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	Defense contract win	Positive	+1.8%	Won <b>$980M</b> ATS IDIQ with 5+5 year ordering period.
Dec 01	Defense contract win	Positive	-0.5%	Awarded 10‑year <b>$425M</b> IDIQ to modernize F‑16 cockpit displays.
Nov 18	Strategic acquisition	Positive	-2.2%	Acquired QinetiQ U.S. Intelligence unit for <b>$24M</b> adding ~<b>70</b> staff.
Nov 12	Secondary offering	Negative	-1.6%	Vertex sold <b>2.25M</b> shares; VVX repurchased <b>363,638</b> from underwriter.
Nov 03	Earnings/results	Positive	+2.3%	Q3 revenue <b>$1.17B</b>, EPS growth, raised 2025 guidance and new awards.

Pattern Detected

Recent VVX news has mostly produced aligned price moves: positive contract wins and earnings have generally seen modest gains, while a large shareholder secondary and insider selling coincided with declines. Two divergences occurred on a major F‑16 award and an intelligence acquisition, where the stock traded down despite seemingly positive strategic updates.

Recent Company History

Over the last few months, V2X has combined solid fundamentals with meaningful contract wins. On Nov 3 it reported record $1.17 billion Q3 revenue and raised 2025 guidance, with a 2.31% next‑day gain. Subsequent events included a secondary sale by Vertex Aerospace and governance changes, plus a $24 million intelligence acquisition. On Dec 1, VVX secured a $425 million F‑16 cockpit upgrade IDIQ. Today’s $980 million ATS IDIQ further extends its backlog‑driven growth narrative.

Market Pulse Summary

This announcement adds a substantial $980 million ATS IDIQ award with a 5‑year base and optional 5‑y...

Analysis

This announcement adds a substantial $980 million ATS IDIQ award with a 5‑year base and optional 5‑year extension, reinforcing V2X’s position across fighter, bomber, tanker and UAV platforms. In context of recent record quarterly revenue of $1.17 billion and another $425 million F‑16 contract, it supports a growing backlog narrative. Investors may watch execution on these awards, follow‑on task orders, and any further changes in major shareholder ownership or insider activity.

Key Terms

indefinite delivery, indefinite quantity (idiq), automated test systems, foreign military sales, unmanned aerial vehicles

4 terms

indefinite delivery, indefinite quantity (idiq) financial

"Multiple Award indefinite delivery, indefinite quantity (IDIQ) contract by the Air Force"

Indefinite delivery, indefinite quantity (IDIQ) is a flexible contract method that allows a buyer to order an unspecified amount of goods or services over a period of time. It functions like a restaurant that agrees to provide meals whenever needed, up to a maximum amount, rather than committing to a fixed quantity upfront. For investors, IDIQ contracts offer ongoing opportunities and potential stability in revenue streams, though they also involve uncertainty about exact future orders.

automated test systems technical

"provide rapid, full lifecycle support for ATS used to sustain critical warfighter"

Automated test systems are machines and software that run routine checks on products, devices, or components without human intervention to verify they meet performance, safety, and quality standards. Like a self-check lane at a grocery store or a car inspection robot on an assembly line, they speed up testing, cut labor costs, reduce human error, and help companies meet regulatory requirements—factors that can lower risk and improve margins for investors.

foreign military sales regulatory

"F-35 Joint Strike Fighter program, Foreign Military Sales customers, amongst others"

Foreign military sales are transactions where one country sells military equipment, technology, or services to another country. These sales often involve government agreements and can influence international relationships and stability. For investors, understanding foreign military sales can indicate geopolitical stability and potential shifts in defense-related industries or government spending.

unmanned aerial vehicles technical

"includes fighter jets, bombers, cargo/airlift/tanker aircraft, unmanned aerial vehicles"

Unmanned aerial vehicles (UAVs) are aircraft that fly without a pilot on board, controlled remotely or by onboard computers—think of them as flying robots or advanced remote‑control planes. They matter to investors because they create new markets and revenue streams across industries such as defense, logistics, agriculture and infrastructure inspection; their value depends on demand, safety and regulatory approval, similar to how driverless cars reshape transport investment risks and opportunities.

AI-generated analysis. Not financial advice.

RESTON, Va., Dec. 3, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has been awarded a position on the Automated Test Systems Division's (ATS) Multiple Award indefinite delivery, indefinite quantity (IDIQ) contract by the Air Force Life Cycle Management Center at Warner Robins Air Force Base in Georgia.

V2X will provide rapid, full lifecycle support for ATS used to sustain critical warfighter operations worldwide. These systems support a wide array of aircraft platforms, including fighter jets, bombers, cargo/airlift/tanker aircraft, unmanned aerial vehicles, and helicopters. Users include the U.S. Air Force, Air Force Reserve, Air National Guard, F-35 Joint Strike Fighter program, Foreign Military Sales customers, amongst others.

"This award reflects our team's continued commitment to delivering mission-critical solutions that supports operational readiness," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. "We are honored to contribute to the sustainment of vital test systems supporting the U.S. and allied partners around the world."

The IDIQ contract provides flexible support for both legacy and future ATS requirements, with a base ordering period of five years and an option to extend for an additional five years. V2X will maintain and sustain both commercial and noncommercial products across the ATS Division's portfolio.

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-wins-980-million-idiq-contract-to-support-global-warfighter-test-systems-302628187.html

SOURCE V2X, Inc.

FAQ

What is the value of the IDIQ contract V2X (VVX) won on December 3, 2025?

V2X won a $980 million IDIQ position to support Automated Test Systems.

How long is the ordering period for the V2X (VVX) ATS IDIQ awarded December 3, 2025?

The IDIQ has a 5-year base ordering period with an option to extend for an additional 5 years.

Which customers will V2X (VVX) support under the ATS IDIQ awarded December 3, 2025?

Customers include the U.S. Air Force, Air Force Reserve, Air National Guard, the F-35 program and Foreign Military Sales customers.

What types of platforms are covered by V2X's (VVX) ATS support under the December 3, 2025 award?

Support covers fighter jets, bombers, cargo/airlift/tanker aircraft, UAVs and helicopters.

Will V2X (VVX) support both legacy and future ATS under the IDIQ awarded December 3, 2025?

Yes; the contract provides flexible support for both legacy and future ATS requirements.

What products will V2X (VVX) maintain under the ATS IDIQ awarded December 3, 2025?

V2X will maintain and sustain both commercial and noncommercial products across the ATS Division's portfolio.