Company Description
V2X, Inc. (NYSE: VVX) is a U.S.-based company that focuses on global mission solutions for national security, defense, civilian, and international customers. According to company disclosures, V2X builds solutions that integrate physical and digital environments by aligning people, actions, and technology across a mission’s lifecycle. The company’s work is closely tied to mission readiness, resource optimization, and security, and it supports critical programs for the U.S. Department of Defense and other government entities.
V2X states that it is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. Its capabilities span areas such as facility and logistics services, information technology mission support, engineering and digital integration services, and mission-focused solutions for complex defense environments. The company’s information technology and network communications work includes communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for defense customers.
The company’s facility and logistics services, as described in available materials, cover areas such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, and transportation operations. V2X also supports contingency and humanitarian operations, including work on critical water supply systems under task orders with the U.S. Navy in the Indo-Pacific region.
National security and defense focus
V2X emphasizes its role in national security and defense markets. It supports cornerstone sensor and missile defense programs such as COBRA DANE and COBRA KING, which the company cites as examples of its experience in early warning radar systems, sustainment, scalable integrations, and systems engineering. These activities align with broader initiatives like the Missile Defense Agency’s Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) contract vehicle and the Golden Dome American program, where V2X contributes capabilities designed to strengthen layered defense and address emerging threats.
The company also supports warfighter operations through contracts related to automated test systems used to sustain a wide range of aircraft platforms, including fighter jets, bombers, cargo and tanker aircraft, unmanned aerial vehicles, and helicopters. Under these arrangements, V2X provides lifecycle support for test systems used by the U.S. Air Force, Air Force Reserve, Air National Guard, the F-35 Joint Strike Fighter program, and Foreign Military Sales customers.
Digital integration, AI, and mission technology
V2X describes itself as a provider of data-enabled mission solutions that inject artificial intelligence and machine learning into operations. The company highlights capabilities in advanced analytics, rapid prototyping, and cybersecurity, particularly in connection with programs like SHIELD and Golden Dome. These capabilities are intended to enhance mission effectiveness across operational domains by improving decision support, system performance, and responsiveness to evolving threats.
The company has also developed and showcased specific mission platforms and technologies. For example, V2X has introduced the Tempest Mobile Fires Platform, described as a rugged, commercially based combat vehicle engineered for rapid, low-exposure missions and equipped with dual launchers and counter-unmanned aircraft system (UAS) capabilities. Tempest is designed to detect, engage, and defeat certain classes of UAS and is available in both vehicle-based and stationary, trailer-mounted variants for fixed-site defense, according to company communications.
In Army aviation and air-to-ground operations, V2X highlights the Gateway Mission Router (GMR), which it describes as a cyber-hardened, open-architecture solution that routes data links and platform capabilities to create a common operating picture. Enhancements such as wireless intercom capability and maintenance data offload are cited as supporting broader command and control initiatives.
Training, readiness, and lifecycle support
V2X reports that it supports warfighter training and readiness through enterprise-wide support for the U.S. Army’s Training Aids, Devices, Simulators, and Simulations (TADSS) network. This work is described as providing flexible and scalable solutions that strengthen warfighter readiness and ensure access to training and simulation tools across operational domains.
The company also participates in aviation training programs. At Fort Novosel, V2X collaborates with Bell on the U.S. Army’s Flight School Next program, providing aircraft maintenance experience and sustainment support to enable Army aviation training. In addition, V2X has been awarded a long-term contract to modernize and upgrade cockpit displays for the U.S. Air Force F-16 fleet, supplying center display units, related hardware, and support to strengthen the digital backbone of the aircraft through technology insertion and minimal retrofit.
Global operations and customer base
V2X indicates that it operates globally with a team of approximately 16,000 professionals. Its customer base includes national security and defense organizations, civilian agencies, and international markets. The company notes that it supports integrated defense operations worldwide, including work across the Pacific region and in support of U.S. and allied partners.
In addition to organic growth, V2X has expanded its capabilities through acquisitions. The company completed the acquisition of QinetiQ’s U.S. Intelligence business, adding data engineering, intelligence mission support, and cyber solutions focused on the Intelligence Community. This acquisition is described as enhancing V2X’s position in intelligence and strengthening its data-enabled mission solutions.
Corporate structure and stock information
V2X, Inc. is incorporated in Indiana and its common stock, with a par value of $0.01 per share, trades on the New York Stock Exchange under the symbol VVX, as disclosed in its SEC filings. The company reports that it operates as a single segment in its Polygon-based description, focusing on services to the U.S. government and related customers.
V2X has also been active in capital markets transactions involving secondary offerings of its common stock by a significant shareholder, Vertex Aerospace Holdco LLC. In these offerings, V2X repurchased a portion of the shares sold from the underwriter but did not issue new shares or receive proceeds from the selling shareholder’s sales. Related changes to a shareholders agreement affected board designation rights and other governance matters, as described in the company’s Form 8-K filings.
Board and governance developments
The company’s SEC filings describe changes in its board of directors and senior leadership. These include the appointment of new independent directors with backgrounds in technology, defense, and corporate leadership, as well as resignations of directors designated by a major shareholder in connection with secondary offerings. V2X has also reported the appointment of a new Chief Accounting Officer and the associated compensation arrangements, reflecting ongoing evolution of its governance and financial leadership structure.
Business model and mission orientation
Based on its public statements, V2X’s business model centers on delivering mission-focused services and solutions that support readiness, modernization, and operational effectiveness. This includes facility and logistics support, technical and engineering services, digital integration, training and simulation, and specialized platforms and systems that address specific defense and national security needs.
The company emphasizes alignment with customer priorities such as mission readiness, smart modernization, and data-enabled operations. Its activities span the full lifecycle of critical missions, from infrastructure and logistics to advanced technology integration, training, and sustainment. Through contracts, task orders, and long-term programs, V2X positions itself as a partner to government and defense customers seeking to maintain and enhance their operational capabilities.
Stock Performance
V2X (VVX) stock last traded at $69.72, up 1.69% from the previous close. Over the past 12 months, the stock has gained 37.1%, ranking #453 in 52-week price change. At a market capitalization of $2.1B, VVX is classified as a mid-cap stock with approximately 31.3M shares outstanding.
Latest News
V2X has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include partnership, earnings, earnings date, AI, clinical trial. View all VVX news →
SEC Filings
V2X has filed 5 recent SEC filings, including 2 Form 4, 1 Form ARS, 1 Form DEF 14A, 1 Form SCHEDULE 13D/A. The most recent filing was submitted on March 19, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all VVX SEC filings →
Insider Radar
Insider selling at V2X over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
V2X generated $4.5B in revenue over the trailing twelve months, retaining a 8.3% gross margin, operating income reached $194.3M (4.3% operating margin), and net income was $77.9M, reflecting a 1.7% net profit margin. Diluted earnings per share stood at $2.45. The company generated $182.0M in operating cash flow. With a current ratio of 1.22, the company maintains adequate short-term liquidity.
Upcoming Events
COBRA DANE contract expires
Share repurchase program ends
Contract completion
Term Loan and Revolver maturity
GMR contract completion
Contract completion
T-6 COMBS contract ends
V2X has 7 upcoming scheduled events. The next event, "COBRA DANE contract expires", is scheduled for March 1, 2027 (in 340 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the VVX stock price.
Short Interest History
Short interest in V2X (VVX) currently stands at 695.8 thousand shares, up 18.0% from the previous reporting period, representing 2.7% of the float. Over the past 12 months, short interest has decreased by 51.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for V2X (VVX) currently stands at 1.8 days, up 25% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 58.5% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 10.3 days.
VVX Company Profile & Sector Positioning
V2X (VVX) operates in the Aerospace & Defense industry within the broader Services-facilities Support Management Services sector and is listed on the NYSE. In monthly performance, the stock ranks #564 among all tracked companies.
Investors comparing VVX often look at related companies in the same sector, including Astronics (ATRO), Ducommun Inc Del (DCO), Redwire Corporation (RDW), Cadre Hldgs Inc (CDRE), and Eve Holding Inc (EVEX). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate VVX's relative position within its industry.