V2X, Inc. SEC Filings

V2X, Inc. executive Jeremy John Nance, SVP and General Counsel, reported selling 3,500 shares of V2X, Inc. common stock on 2026-08-14 in an open market or private transaction at a weighted average price of $82.005 per share, with individual sale prices ranging from $81.820 to $82.120 per share. Following this sale, he directly holds 13,111 shares and has an additional 99 shares reported as indirectly owned "By son".

V2X, Inc. director Melvin Parker reported a sale of 5,000 shares of V2X, Inc. Common Stock on 2026-08-11 in an open market or private transaction at $81.411 per share. Following this sale, Parker directly holds 20,200 shares of V2X, Inc. common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.

VVX submitted a notice covering potential sales of its common stock. The filing lists 5,000 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate value of $407,055.00, associated with the NYSE and dated 08/11/2026. The filing also references earlier issuances of common stock from restricted stock vesting in May 2019 and May 2020 classified as compensation.

V2X, Inc. reported that Dr. L. Roger Mason, Jr. resigned, effective August 7, 2026, from his role as Senior Vice President and Chief Growth Officer and from all positions with the company’s direct and indirect subsidiaries to serve as Director of the National Reconnaissance Office of the U.S. Department of War. The company states that his resignation is not due to any disagreement regarding its operations, policies, or practices.

In connection with a separation agreement and general release dated August 6, 2026, the Compensation and Human Capital Committee approved an AIP Payment of $331,975, representing a prorated portion of his 2026 Annual Incentive Plan award at target for employment from January through July 2026. Chief Executive Officer Jeremy C. Wensinger will assume Dr. Mason’s responsibilities until a successor is appointed. The Release Agreement is filed as Exhibit 10.1.

BlackRock, Inc. filed an amended Schedule 13G reporting a significant ownership position in V2X, INC. common stock. BlackRock reported beneficial ownership of 3,840,078 shares, representing 12.3% of the outstanding common stock. Of these shares, 3,796,156 carry sole voting power and all 3,840,078 are subject to sole dispositive power, with no shared voting or dispositive power reported. The filing explains that this position reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and that various underlying persons may have rights to dividends or sale proceeds, but no single such person has an interest exceeding five percent of V2X’s outstanding common shares.

FMR LLC reports beneficial ownership of 4,414,201.15 shares of V2X Inc. common stock, representing 14.1% of the class as of June 30, 2026. FMR LLC is reported to have sole dispositive powersole voting power over 4,413,465

Abigail P. Johnson is reported with sole dispositive power over 4,414,201.15 shares and no voting power. One or more other persons have rights to receive dividends or sale proceeds related to these shares, but no such person holds an interest exceeding 5% of V2X Inc.’s outstanding common stock. Subsidiaries involved in holding the securities are identified in an attached exhibit.

V2X, Inc. reported second quarter 2026 results with revenue of $1.26 billion, up 17% year-over-year. Net income was $25.5 million, while adjusted net income rose 22% to $51.6 million. Adjusted EBITDA was $89.8 million with a 7.1% margin, and adjusted diluted EPS increased 23% to $1.64.

Operating cash flow for the quarter was $21.6 million, or $71.8 million on an adjusted basis. Net debt was $876.1 million, corresponding to a 2.4x net leverage ratio. As of July 3, 2026, total backlog was $12.7 billion and funded backlog was $2.5 billion, with a quarterly book-to-bill of approximately 0.5x and a trailing twelve-month book-to-bill of approximately 1.4x.

On the strength of first-half performance and backlog, V2X raised its 2026 outlook, increasing revenue guidance to $4,875–$5,025 million, adjusted EBITDA to $347.5–$362.5 million, and adjusted diluted EPS to $5.90–$6.30, while maintaining adjusted operating cash flow guidance of $160–$180 million.

V2X, Inc. reported revenue of $1,256,643 (in thousands) for the quarter ended July 3, 2026, up 16.5% year over year, with net income of $25,540 (in thousands), up 14.1%. For the first six months, revenue rose 19.9% to $2,510,771 (in thousands) and net income increased 45.8% to $44,465 (in thousands), driven by program ramp-ups in global training and aerospace and $200.9 million of discrete national security mission work.

Operating income was $53,810 (in thousands) for the quarter and $97,900 (in thousands) year to date, with operating margin at 4.3% for the quarter versus 4.9% a year earlier, as selling, general and administrative expenses grew 35.6% year to date, reflecting higher operating costs, integration activities and merger-and-acquisition evaluation expenses.

Operating activities used $108,360 (in thousands) of cash in the first half, influenced by an estimated $142.9 million net cash outflow from receivables sold under the MARPA Facility and working-capital movements. The company held $214,313 (in thousands) of cash, cash equivalents and restricted cash and has scheduled term-debt payments totaling $1,086,429 (in thousands), alongside $485.1 million of available revolver capacity. Backlog expanded to $12,727 (in millions), including funded backlog of $2,520 (in millions); the company expects to recognize a substantial portion of funded backlog as revenue within the next 12 months, even as a reduction in the LOGCAP V Kuwait task order decreased backlog by $414.6 million.