Core Insights - V2X, Inc. reported a record revenue of $1.16 billion for Q4 2024, reflecting an 11% year-over-year growth, with significant contributions from the Indo-Pacific region, which saw a 27% increase [2][3][9] - The company achieved a book-to-bill ratio of 1.2x and has a total backlog of $12.5 billion as of December 31, 2024, indicating strong future revenue potential [3][9] - Full-year revenue for 2024 reached $4.32 billion, a 9% increase from the previous year, with adjusted diluted EPS rising 16% year-over-year to $4.34 [4][9] Financial Performance - Q4 2024 operating income was reported at $51.6 million, with adjusted operating income at $80.6 million, and adjusted EBITDA at $86.2 million, representing a margin of 7.4% [3][4] - The company generated net cash from operating activities of $223.1 million in Q4, with adjusted net cash provided by operating activities increasing 122% year-over-year to $168.2 million [3][4] - For the full year, V2X reported an operating income of $159.2 million and adjusted EBITDA of $310.2 million, with a margin of 7.2% [4][9] Debt and Cash Management - V2X reduced its net debt by $210 million year-over-year, ending Q4 2024 with a net debt of $874 million and a net leverage ratio of 2.6x, improving by 0.7x from the previous year [3][4][9] - The company emphasized its commitment to cash generation and debt reduction as key priorities for financial health [3][4] Future Outlook - For 2025, V2X set guidance with a mid-point revenue target of $4.44 billion and adjusted EBITDA of $313 million, anticipating stronger performance in the second half of the year [5][9] - The company expects approximately 4% of revenue to come from recompetes, indicating a strategic focus on maintaining and expanding its market position [5][9] Revenue Breakdown - In 2024, V2X's revenue by customer included $1.84 billion from the Army, $1.44 billion from the Navy, and $481 million from the Air Force, showcasing a diversified customer base [27][30] - Revenue by contract type showed $2.53 billion from cost-plus and cost-reimbursable contracts, and $1.68 billion from firm-fixed-price contracts, indicating a balanced approach to contract types [28][30] - Geographically, the U.S. accounted for $2.39 billion of total revenue, followed by the Middle East at $1.40 billion, highlighting the company's international reach [30]

Core Insights - V2X Inc. has secured a $21 million contract to maintain critical avionics and electronic warfare systems for the U.S. Air Force, specifically for the B-52, B-1B, and C-130 aircraft [1][4] - The contract emphasizes the importance of V2X's role in enhancing the operational effectiveness of legacy aircraft through advanced electronic warfare capabilities [2][3] Contract Details - The contract is a firm-fixed-price agreement aimed at the repair and maintenance of AN/ALQ-172 and AN/ALQ-161 components [1] - Work will be conducted at Robins Air Force Base in Georgia and Indianapolis, Indiana, with an expected completion date in 2029 [4] Electronic Warfare Capabilities - The AN/ALQ-172 system provides multi-threat countermeasures against various radar threats, while the AN/ALQ-161 system has been upgraded to counter evolving electronic threats since its initial deployment in the 1980s [2] - V2X's expertise in sustaining and enhancing these systems is crucial for extending the lifespan and effectiveness of legacy aircraft [3] Company Mission and Vision - V2X aims to enhance legacy systems with cost-effective, technology-driven solutions while ensuring the safety of aircrews in a changing threat landscape [4] - The company integrates AI and machine learning capabilities to address challenges across national security, defense, and civilian markets [5]

Core Viewpoint - The market anticipates a year-over-year decline in earnings for V2X despite higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - V2X is expected to report earnings of $1.14 per share, reflecting a year-over-year decrease of 6.6%, while revenues are projected to be $1.09 billion, an increase of 4.7% from the previous year [3]. - The earnings report is scheduled for February 24, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate for V2X has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for V2X is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.85%, suggesting a bullish outlook from analysts [10]. Earnings Surprise Prediction - A positive Earnings ESP reading is a strong indicator of potential earnings beats, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - V2X currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, V2X exceeded the expected earnings of $1.07 per share by delivering $1.29, resulting in a surprise of +20.56% [12]. - Over the past four quarters, V2X has surpassed consensus EPS estimates three times [13]. Industry Comparison - Another player in the technology services industry, Block (XYZ), is expected to report earnings of $0.83 per share, marking a year-over-year increase of 84.4%, with revenues projected at $6.23 billion, up 8% [17]. - Block's consensus EPS estimate has been revised 1.3% lower in the last 30 days, but a higher Most Accurate Estimate has led to an Earnings ESP of 4.24%, suggesting a likely earnings beat [18].

Core Insights - V2X Inc. has secured a position on the GSA's OASIS+ contract across all eight domains, reinforcing its status as a leading provider of integrated mission solutions for the U.S. Government [1][2] - The OASIS+ contract is designed to enhance procurement efficiency and transparency, allowing federal agencies to access high-quality professional services with increased flexibility [1][2] - V2X is one of only 10 companies awarded across all OASIS+ domains, highlighting its extensive capabilities in supporting complex government missions [2][3] Company Overview - V2X specializes in integrating physical and digital environments, focusing on enhancing readiness, optimizing resource management, and improving security [4] - The company employs approximately 16,000 professionals globally and leverages AI and machine learning to address contemporary challenges across various operational domains [4] Service Areas - V2X provides a comprehensive suite of services, including: - Technical and Engineering - Research and Development - Intelligence Services - Environmental Services - Facilities Management - Logistics - Management and Advisory Services - Enterprise Solutions [6]

Group 1 - The article discusses the performance of V2X (NYSE: VVX) stock, which has declined approximately 3% since a buy rating was reiterated in August [1] - The investing group, The Aerospace Forum, aims to identify investment opportunities in the aerospace, defense, and airline sectors, leveraging data analytics for informed analysis [1] - The analyst, with a background in aerospace engineering, provides context to industry developments and their potential impact on investment strategies [1] Group 2 - The article emphasizes the importance of data-informed analysis in driving investment ideas within the aerospace and defense industry [1]

Company Overview - V2X, Inc. is a leading provider of global mission solutions, focusing on integrating physical and digital environments to enhance mission readiness and security [4] - The company employs approximately 16,000 professionals and leverages AI and machine learning to address challenges across various operational domains [4] Financial Results Announcement - V2X will report its fourth quarter and full year 2024 financial results on February 24, 2025, after market close [1] - A conference call with senior management will take place at 4:30 p.m. ET on the same day [1] Conference Call Details - U.S.-based participants can join the conference call by dialing 877-300-8521, while international participants can call 412-317-6026 [2] - A live webcast and accompanying slide presentation will be available on the V2X website [2] Replay Information - A replay of the conference call will be accessible on the V2X website for one year following the call [3] - Telephonic replay will be available until March 10, 2025, with specific numbers for domestic and international callers [3]

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 ...

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 ...

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 ...

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 ...