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V2X Names L. Roger Mason to Chief Growth Officer
Prnewswire· 2025-01-13 12:30
RESTON, Va., Jan. 13, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has named L. Roger Mason as Chief Growth Officer, effective January 13, 2025. In this role, Mason will be responsible for driving the company's growth strategy, identifying new market opportunities, and enhancing business development efforts. He joins the executive team and reports directly to President and Chief Executive Officer, Jeremy C. Wensinger. Mason joins V2X from Parsons Corporation, where he served as a senior vice president, advisi ...
V2X Announces Interest Expense Savings Through Successful Term Loan Repricing
Prnewswire· 2025-01-06 12:30
RESTON, Va., Jan. 6, 2025 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), announces it has successfully repriced its $900 million First Lien Term Loan at 2.25%. "I'm pleased to announce the successful repricing of our First Lien Term Loan, which is expected to generate notable interest expense savings over the next several years and enhance our overall cost of capital," said Shawn Mural, Senior Vice President and Chief Financial Officer at V2X. "This repricing further improves our annual interest margin by 50 basis ...
Defense Stock Bucking the Broad Market Trend
Schaeffers Investment Research· 2024-12-30 15:43
V2X Inc (NYSE:VVX) stock is brushing off the broad market selloff today, after the defense name secured a $170 million contract with the Drug Enforcement Administration (DEA). At last check, VVX is up 0.3% to trade at $47.11, one of the few positive names on the New York Stock Exchange (NYSE) today.The stock earlier traded as high as $47.87, but succumbed to broad market headwinds. Regardless, the gains today have VVX holding its year-to-date and year-over-year breakeven levels. The shares are stumbling int ...
V2X Awarded $170 Million Contract to Support DEA's Mission in Combating Drug Trafficking and Enhancing National Security
Prnewswire· 2024-12-30 12:28
RESTON, Va., Dec. 30, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) is proud to announce the award of a $170 million contract to continue its critical support of the Drug Enforcement Administration's (DEA) fleet of over 100 aircraft. This award reinforces V2X's commitment to enabling the DEA's vital mission against the war on drugs and protecting national security. "V2X has consistently demonstrated a complete understanding of the DEA's mission, and the flexibility required to support its special mission aircr ...
V2X Opens New Corporate Headquarters in Reston, VA
Prnewswire· 2024-12-16 12:00
RESTON, Va., Dec. 16, 2024 /PRNewswire/ -- V2X Inc., (NYSE: VVX) announces the opening of its new corporate headquarters in Reston, Virginia. This strategic move aligns with V2X's commitment to innovation and operational excellence in support of national security, defense, and mission readiness worldwide. Located in the heart of Northern Virginia's business corridor, the headquarters provides a collaborative workspace to support the company's global employees. "Our new headquarters represents the next chapt ...
Growth Opportunities in the Cellular Vehicle-to-Everything Testing Market 2024-2030 - Accelerating C-V2X Deployment in Different Regions Will Drive Testing Requirements
GlobeNewswire News Room· 2024-12-13 13:21
Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the Cellular Vehicle-to-Everything Testing Market, Global, 2024-2030" report has been added to ResearchAndMarkets.com's offering.This analysis covers several end users, including automotive original equipment manufacturers (OEMs) and their suppliers, certification service providers, roadside unit manufacturers, network equipment manufacturers, and network operators. Automotive OEMs and their suppliers represent well over half the market ...
SmartDV Licenses SDIO IP Family to RANiX for V2X Products
GlobeNewswire News Room· 2024-12-03 02:00
Collaboration will enhance communication and connectivity in ISO 26262 compliant V2X systems, accelerating innovation for safer and smarter automotive systems and vehicles SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- SmartDV™ Technologies, provider of flexible, highly configurable, customizable semiconductor design IP (intellectual property) and VIP (verification IP), is proud to announce the licensing of its SDIO IP family to RANiX for integration into their V2X (Vehicle-to-Everything) products. Thi ...
V2X (VVX) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-04 23:36
V2X (VVX) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.56%. A quarter ago, it was expected that this government services company would post earnings of $0.84 per share when it actually produced earnings of $0.83, delivering a surprise of -1.19%.Over the last four quarters, the c ...
V2X(VVX) - 2024 Q3 - Earnings Call Transcript
2024-11-04 23:35
V2X, Inc. (NYSE:VVX) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Mike Smith - Vice President, Treasury, Investor Relations & Corporate Development Jeremy Wensinger - President & Chief Executive Officer Shawn Mural - Senior Vice President & Chief Financial Officer Conference Call Participants Tobey Sommer - Truist Ken Herbert - RBC Capital Markets Peter Arment - Baird Joe Gomes - Noble Capital Trevor Walsh - Citizens JMP Operator Thank you for joining us for the V2X Thir ...
V2X(VVX) - 2024 Q3 - Earnings Call Presentation
2024-11-04 21:43
| --- | --- | --- | --- | --- | |-------------------------------------------------|-------|---------------------------|--------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2024 Results MISSION ENABLEMENT l | | END-TO-END CAPABILITIES l | GLOBAL REACH | | | November 4, 2024 | | | | | | GO TOWARDS TOMORROW #goV2X | | | | | | --- ...