V2X Lands $103 Million Navy Aircraft Support Contract

V2X Inc. VVX announced Monday that it has secured a $103 million contract from the U.S. Navy to deliver Contractor Logistics Support (CLS) services for the Navy’s C-26 aircraft fleet.

The agreement further cements V2X’s reputation as a trusted partner in ensuring operational aircraft readiness and mission success.

As part of the newly awarded contract, V2X will continue to provide critical support services, covering engineering, aircraft upgrades, maintenance, and modifications. This latest development reinforces the Navy’s faith in the company’s capabilities.

Jeremy C. Wensinger, President and CEO of V2X, expressed that the contract win underscores the Navy’s enduring confidence in V2X’s ability to maintain superior aircraft performance standards. “This award highlights the Navy’s continued confidence in V2X’s proven ability to deliver mission-capable aircraft with exceptional performance,” Wensinger said.

The contract, structured as a firm-fixed-price agreement, will officially commence in June 2025. It covers maintenance and support for eight C-26A/D aircraft located at four primary bases—one domestic and three international facilities.

Earlier in April, V2X secured a $62 million contract extension to maintain and enhance the COBRA DANE radar in Alaska, reinforcing its critical role in U.S. Space Force missile defense and space domain awareness through 2027.

VVX Stock Prediction For 2025

Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.

Shares of V2X have an average 1-year price target of $62.25, representing an expected upside of 25.37%.

Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on V2X, while 3 analysts have bullish ratings. The street high price target from Citizens Capital Markets is $80.0, while the street low from RBC Capital is $54.0.

Price Action: VVX shares are traded lower by 0.34% at $49.64 at the last check on Monday.

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