V2X Secures $48.5M Contract with US Army for Advanced Battlefield Communications

7/22/24 7:47:05 AM ET

Diversified Commercial Services

Consumer Discretionary

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V2X, Inc. (NYSE:VVX) announces the award of a $48.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, under the purview of the PEO Soldier portfolio, for the innovative Gateway Mission Router (GMR). The GMR creates a fully converged operational environment on the battlefield for our warfighters by seamlessly integrating information and assured communications across multiple domains. The contract spans four years and underscores V2X's commitment to delivering cutting-edge solutions in support of national defense.

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Recent Analyst Ratings for
$VVX

Date	Price Target	Rating	Analyst
10/11/2024	$75.00	Outperform	Robert W. Baird
1/5/2024	$59.00 → $52.00	Buy → Hold	Stifel
11/13/2023	$65.00	Mkt Outperform	JMP Securities
1/26/2023	$55.00	Outperform	RBC Capital Mkts
9/9/2022	$50.00	Strong Buy	Raymond James
8/10/2022	$42.00 → $45.00	Hold → Buy	Stifel

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V2X, INC. ANNOUNCES PRICING OF SECONDARY OFFERING OF COMMON STOCK
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11/12/24 10:42:00 PM ET
$VVX
Diversified Commercial Services
Consumer Discretionary
V2X, INC. ANNOUNCES PROPOSED SECONDARY OFFERING OF COMMON STOCK
MCLEAN, Va., Nov. 12, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) ("V2X" or the "company"), a leading provider of global mission solutions, announced today the commencement of an underwritten public offering of 2,500,000 shares of common stock by a certain selling stockholder. In connection with the offering, the selling stockholder intends to grant the underwriters an option to purchase up to 375,000 additional shares of common stock from the selling stockholder. V2X is not selling any shares of common stock in the offering, and V2X will not receive any proceeds from the offering by the selling stockholder. The proposed offering is subject to market and other conditions, and there can be n
11/12/24 4:01:00 PM ET
$VVX
Diversified Commercial Services
Consumer Discretionary
V2X Reports Strong Third Quarter Results with Record Revenue, Net Income, and Adjusted EBITDA
Third Quarter Highlights Record revenue of $1.08 billion, up 8% y/yIndo-Pacific revenue growth of 31% y/y driven by increased demandOperating income of $49.9 million; Adjusted operating income1 of $76.9 millionRecord net income of $15.1 million, up $21.5 million y/y; Adjusted net income1 of $41.3 million, up 76% y/yRecord adjusted EBITDA1 of $82.7 million, up 28% y/y with a margin of 7.6%Diluted EPS of $0.47; Adjusted diluted EPS1 of $1.29, up 77% y/y2024 Guidance: Raising full-year revenue and adjusted EPS1 guidance midpoint and reaffirming adjusted EBITDA and operating cash flow1MCLEAN, Va., Nov. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced third quarter 2024 financial results.
11/4/24 4:05:00 PM ET
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Consumer Discretionary

$VVX
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V2X Reports Strong Third Quarter Results with Record Revenue, Net Income, and Adjusted EBITDA
Third Quarter Highlights Record revenue of $1.08 billion, up 8% y/yIndo-Pacific revenue growth of 31% y/y driven by increased demandOperating income of $49.9 million; Adjusted operating income1 of $76.9 millionRecord net income of $15.1 million, up $21.5 million y/y; Adjusted net income1 of $41.3 million, up 76% y/yRecord adjusted EBITDA1 of $82.7 million, up 28% y/y with a margin of 7.6%Diluted EPS of $0.47; Adjusted diluted EPS1 of $1.29, up 77% y/y2024 Guidance: Raising full-year revenue and adjusted EPS1 guidance midpoint and reaffirming adjusted EBITDA and operating cash flow1MCLEAN, Va., Nov. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced third quarter 2024 financial results.
11/4/24 4:05:00 PM ET
$VVX
Diversified Commercial Services
Consumer Discretionary
V2X to Announce Third Quarter 2024 Financial Results
MCLEAN, Va., Oct. 15, 2024 /PRNewswire/ -- V2X, Inc., (NYSE:VVX), a leading provider of global mission solutions, will report third quarter 2024 financial results on Monday, November 4, 2024, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day. U.S.-based participants may dial in to the conference call at 877-506-6380, while international participants may dial 412-542-4198. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.webinar.net/8eqdGbMZ6Xa and on the Investo
10/15/24 7:00:00 AM ET
$VVX
Diversified Commercial Services
Consumer Discretionary
V2X Reports Second Quarter Results with Record Revenue
Second Quarter and Recent Highlights Record revenue of $1.07 billion, up 10% y/yOperating income of $27.4 million; adjusted operating income1 of $65.8 millionNet loss of $6.5 million, down $8.3 million y/yAdjusted EBITDA1 of $72.3 million with a margin1 of 6.7%Diluted EPS of ($0.21); Adjusted diluted EPS1 of $0.83Over $4 billion of recent awards, including a new award valued up to $3.0+ billion to provide next generation readiness Successfully repriced and extended $904 million Term Loan B2024 Guidance: Raising full-year revenue guidance and reaffirming Adjusted EBITDA, EPS, and Operating Cash Flow1MCLEAN, Va., Aug. 6, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced second quarter 2024 f
8/6/24 7:25:00 AM ET
$VVX
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V2X Secures $48.5M Contract with US Army for Advanced Battlefield Communications

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$VVX Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Cusumano Dino M sold $145,256,250 worth of shares (2,500,000 units at $58.10) (SEC Form 4)

Large owner American Industrial Partners Capital Fund Vi, L.P. sold $145,256,250 worth of shares (2,500,000 units at $58.10) (SEC Form 4)

New insider Caputo Richard L. Jr. claimed ownership of 18,191 units of V2X (SEC Form 3)

$VVX Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Corp. Dev., IR & Treasurer Smith Michael James bought $19,968 worth of V2X (416 units at $48.00), increasing direct ownership by 3% to 16,131 units (SEC Form 4)

Chief Human Resources Officer Bjornson Josephine F. bought $9,984 worth of V2X (208 units at $48.00), increasing direct ownership by 21% to 1,218 units (SEC Form 4)

Senior Vice President and CFO Mural Shawn bought $44,976 worth of V2X (937 units at $48.00), increasing direct ownership by 187% to 1,437 units (SEC Form 4)

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Robert W. Baird initiated coverage on V2X with a new price target

V2X downgraded by Stifel with a new price target

JMP Securities initiated coverage on V2X with a new price target