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 ...

Core Viewpoint - V2X Inc (NYSE:VVX) is experiencing a positive stock performance despite a broader market selloff, primarily due to securing a significant contract worth $170 million with the Drug Enforcement Administration (DEA) [1] Group 1: Stock Performance - VVX stock is currently up 0.3%, trading at $47.11, making it one of the few gainers on the New York Stock Exchange today [1] - The stock previously reached a high of $47.87 but faced challenges from broader market conditions [3] - Year-to-date and year-over-year, VVX shares are maintaining breakeven levels, although they have a 15.4% deficit in the fourth quarter and have decreased by 32.7% from their record high of $69.75 on November 11 [3] Group 2: Technical Indicators - The equity's 14-Day Relative Strength Index (RSI) is at 12.5, indicating it is in oversold territory, suggesting a potential for a short-term bounce [2] - The shares are approaching a critical 320-day moving average, which was breached earlier this month but had previously acted as support during the summer [3]

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 ...

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 ...

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 ...

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) 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 ...

Third Quarter Highlights Record revenue of $1.08 billion, up 8% y/y Indo-Pacific revenue growth of 31% y/y driven by increased demand Operating income of $49.9 million; Adjusted operating income1 of $76.9 million Record net income of $15.1 million, up $21.5 million y/y; Adjusted net income1 of $41.3 million, up 76% y/y Record 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 adjuste ...

Financial Results Announcement - V2X, Inc. will report its third quarter 2024 financial results on November 4, 2024, after market close [1] - A conference call with senior management is scheduled for 4:30 p.m. ET on the same day [1] Conference Call Details - U.S.-based participants can dial in at 877-506-6380, while international participants can call 412-542-4198 [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 posted on the V2X website shortly after the call and will be available for one year [3] - Telephonic replay will be available until November 18, 2024, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10193464 [3] Company Overview - V2X builds innovative solutions that integrate physical and digital environments, enhancing readiness and optimizing resource management [4] - The company employs approximately 16,000 professionals and focuses on national security, defense, civilian, and international markets [4] - V2X incorporates AI and machine learning capabilities to address challenges across all operational domains [4]