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 mee ...

Financial Data and Key Metrics Changes - V2X reported revenue of $1.11 billion for Q1 2024, reflecting a 7% year-over-year growth [30] - Adjusted EBITDA was $69.1 million, with a margin of 6.8% [31] - Adjusted diluted EPS increased by 8% year-over-year to $0.90 [31] - Net debt improved by $115.9 million compared to the prior year, totaling $1,173 million, with a net debt to EBITDA leverage ratio of 3.5 times [35] Business Line Data and Key Metrics Changes - Revenue in the Middle East increased by 22% year-over-year, driven by expansion in Qatar and a $400 million aviation support contract with Saudi Arabia [9][10] - Revenue in the Pacific region grew by 7% year-over-year, supported by successful execution of strategies and new contracts [12][14] - The company secured a new $88 million contract with the US Navy for IT operations and maintenance [14] Market Data and Key Metrics Changes - Total backlog reached $12.6 billion, representing three times revenue at the guidance midpoint, with a 6% year-over-year increase [37] - The pipeline of near-term opportunities stands at approximately $25 billion, with $16 billion of bids expected to be submitted over the next 12 months [28] Company Strategy and Development Direction - V2X is focusing on enhancing value through technology expansion in existing business, including 5G and smart warehousing solutions [23][26] - The company aims to support the Department of Defense's Pacific Deterrence Initiative with scalable solutions [24] - V2X is positioned to grow by integrating operational technologies into mission-essential operations [21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand signals from clients, particularly in the Middle East and Pacific regions [11][12] - The company reaffirmed its guidance for 2024, expecting 5% revenue growth and 8% adjusted EBITDA growth [39] - Management noted that cash flow generation is expected to improve in the second half of the year [47] Other Important Information - The company has been recognized as a top Military-Friendly Employer, with nearly 50% of its workforce having prior military service [8] - V2X's operational capabilities are being enhanced through engineering tools and infrastructure investments [34][60] Q&A Session Summary Question: Impact of supplemental funding on revenue growth - Management indicated that while the supplemental funding did not impact Q1 results, it is expected to support top-line opportunities throughout fiscal 2024 [41][42] Question: Pipeline margin perspective - Management highlighted that the training and operational technology segments are traditionally higher margin areas, contributing positively to the overall margin profile [50] Question: Competitive landscape in logistics and aircraft maintenance - Management noted significant demand in operational support for the DoD, with ongoing pressure to maintain existing platforms and enhance training capabilities [54][55] Question: Aerospace Solutions business growth - Management confirmed organic growth in the aerospace sector, with a strong pipeline despite delays in larger awards due to protests [68][70] Question: SG&A line changes - Management explained that lower SG&A in Q1 was due to restructuring efforts and seasonal factors, with a focus on aligning costs with business needs [80] Question: Air Force Augmentation Program opportunities - Management indicated that V2X has successfully expanded its role in the Air Force program, with a strong margin profile and ongoing demand for IT support [82]

| --- | --- | --- | |------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | First Quarter 2024 Results | | | | | | | | TRUSTED WHEREVER THE MISSION LEADS | | | | May 7, 2024 | | | Disclaimers FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), and Section 27A of the Securities Act of 1933, as amended (the Securities Act), and the Priva ...

Financial Results - V2X, Inc. reported financial results for Q1 2024, with specific figures detailed in the press release dated May 7, 2024[5] - The press release includes key performance metrics and user data, although specific numbers are not detailed in the provided content[5] Guidance - The company provided guidance for fiscal 2024, indicating expectations for revenue growth and operational performance[5]

V2X, Inc. (NYSE:VVX) Q4 2023 Earnings Conference Call March 5, 2024 8:00 AM ET Company Participants Mike Smith - Vice President of Treasury, Investor Relations and Corporate Development Chuck Prow - President and Chief Executive Officer Shawn Mural - Senior Vice President and Chief Financial Officer Conference Call Participants Tobey Sommer - Truist Securities Joe Gomes - Noble Capital Markets Trevor Walsh - Citizens JMP Stephen Strackhouse - RBC Capital Markets Sahej Singh - Stifel Operator Thank you for j ...

| --- | --- | --- | |------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Fourth Quarter & Full-Year | | | | 2023 Results | | | | TRUSTED WHEREVER THE MISSION LEADS | | | | March 5, 2024 | | | Disclaimers FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), and Section 27A of the Securities Act of 1933, as amended (the Securities Act) ...

FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 5, 2024 V2X, Inc. (Exact Name of Registrant as Specified in Its Charter) | Indiana | | --- | | (State or Other Jurisdiction of Incorporation) | 001-36341 38-3924636 (Commission (IRS Employer File Number) Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ¨ Written communications pursuant to Rule 425 under the Securitie ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36341 V2X, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...

V2X, Inc. (NYSE:VVX) Q3 2023 Earnings Conference Call November 6, 2023 8:00 AM ET Company Participants Michael Smith - VP, Treasury, IR and Corporate Development Chuck Prow - President and CEO Shawn Mural - SVP and CFO Conference Call Participants Joe Gomes - Noble Capital Markets Ken Herbert - RBC Capital Markets Bert Subin - Stifel Tobey Sommer - Truist Securities Operator Thank you for joining us for V2X Third Quarter 2023 Earnings Conference Call and Webcast. Today's call is being recorded. My name is S ...

| --- | --- | --- | |-------------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Third Quarter 2023 Results | | | | | | | | T R U S T E D W H E R E V E R T H E M I S S I O N L E A D S | | | | N o v e m b e r 6 , 2 0 2 3 | | | Disclaimers FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), and Section 27A of the Secu ...