V2X is a public company that provides mission-critical aerospace and defense support services. Its offerings include logistics, maintenance, supply chain management, and training for military and government aircraft, ensuring operators stay mission-ready. The company works by delivering end-to-end aftermarket support—spares, repairs, logistics planning, and training programs—through a global network and contracts with national security agencies, notably the U.S. Department of Defense. V2X differentiates itself through strategic growth via acquisitions (notably Vertex Aerospace in 2018 and Raytheon’s defense training business in 2021, followed by a merger with Vectrus in 2022) to build a broad, integrated portfolio and scale its capabilities. Its goal is to be a leading, globally supported provider of defense and security solutions that keeps aviation assets ready and its clients prepared for mission requirements.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Madison, Wisconsin
Founded
1975
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V2X, Inc. showcased its Tempest Sentinel counter-UAS system at the 2026 AUSA Annual Meeting. It also presented its Cold Steel AI readiness platform, Advantor integrated security solutions, and Gateway Mission Router products. The Tempest launch ties to V2X's recent $19 million Marine Corps Tempest IDIQ award. Such products could help diversify earnings beyond episodic service contracts, though they carry higher fixed-price execution risk. The near-term story is unchanged: V2X needs to land and execute large awards. The main risk is that book-to-bill and backlog slip if new wins lag program completions. V2X's narrative projects $5.6 billion in revenue and $231.4 million in earnings by 2029, against $91.8 million in earnings today. That implies a fair value of $89.09, 29% above the current price.
V2X has secured a $19 million indefinite-delivery/indefinite-quantity contract from the US Marine Corps to supply Tempest counter-Unmanned Aerial System vehicles. The contract includes maintenance support, software management, spares, training, and engineering services. Tempest is a mobile counter-UAS solution designed to detect, track, and defeat unmanned aerial threats in austere and contested environments. The system provides maneuver forces with rapidly deployable protection against evolving unmanned threats whilst maintaining operational flexibility. V2X developed Tempest using a commercially derived architecture that enables rapid deployment and adaptability. The award strengthens V2X's counter-UAS portfolio and demonstrates the company's capability to develop and field solutions addressing emerging operational requirements. The Virginia-based firm employs approximately 16,000 professionals globally, providing solutions across national security, defence, civilian, and international markets.
Jeremy John Nance, SVP and General Counsel of V2X, sold 3,500 shares at $82 per share on 14 August 2026. The sale represents a 21% reduction in his direct holdings, leaving him with 13,210 shares, or 0.04% of the company. V2X, a Colorado Springs-based aerospace and defence contractor, reported trailing twelve-month revenue of $4.9 billion and net income of $91.8 million. The company's second quarter 2026 results showed revenue up 17% to $1.2 billion, with adjusted net income climbing 22% to $51.6 million. The stock has gained 34.7% over the past 12 months, outperforming the S&P 500's 19.5% rise. Of 12 analysts covering V2X, 42% rate it a buy, 50% a hold, and 8% a sell.
U.S. Marine Corps awards V2X up to $500M Logistics Integration Support contract. Aug 10, 2026, 07:30 ET RESTON, Va., Aug. 10, 2026 /PRNewswire/ - V2X Inc. (NYSE: VVX) has been awarded a contract with a base value of approximately $391 million, with a potential value of up to $500 million including all option periods under the contract ceiling, by the U.S. Marine Corps Logistics Command to provide Logistics Integration Support Services for the Marine Force Storage Command's Secondary Repairable (SECREP) program. Under the contract, V2X will coordinate the complex repair and sustainment process for secondary repairable components, helping ensure critical equipment is restored efficiently and returned to service in support of Marine Corps readiness. The program leverages an extensive network of original equipment manufacturers, military depots, and industry partners to repair and manage mission-essential components across the Marine Corps' logistics enterprise. "Readiness begins with sustainment, and V2X is proud to continue supporting the U.S. Marine Corps with integrated logistics solutions that keep critical equipment mission ready," said Jeremy C. Wensinger, President and Chief Executive Officer of V2X. "This award reflects our proven ability to manage complex sustainment operations that improve availability, strengthen supply chain performance, and deliver value to our customer." V2X has supported the Marine Corps' SECREP program for more than twenty years delivering logistics expertise that helps reduce costs, improve repair cycle times, and increase equipment availability. Through proven supply chain management, repair coordination, and lifecycle sustainment capabilities, V2X enables the Marine Corps to maximize operational readiness while extending the service life of critical assets. The contract builds on V2X's broad portfolio of integrated logistics and sustainment programs supporting customers worldwide. By combining engineering, supply chain management, and mission support expertise, V2X delivers innovative solutions that enhance readiness and ensure warfighters have the equipment they need to accomplish their missions. 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 [email protected] 719-637-5773 Media Contact Angelica Spanos Deoudes Senior Director, Marketing and Communications [email protected] 571-338-5195 SOURCE V2X, Inc.
V2X, Inc. reported second quarter 2026 revenue of $1.26 billion, up 17% year-over-year. The company posted net income of $25.5 million and adjusted net income of $51.6 million, a 22% increase from the prior year. Adjusted EBITDA reached $89.8 million with a 7.1% margin. Diluted earnings per share stood at $0.81, whilst adjusted diluted EPS rose 23% to $1.64. President and chief executive officer Jeremy C. Wensinger attributed the performance to strategic execution and demand for the company's capabilities. V2X has increased its full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted earnings per share. Second quarter net cash from operating activities was $21.6 million, with adjusted operating cash flow of $71.8 million.