V2X announces secondary offering of 2 million shares by investor

MCLEAN, Va. - V2X, Inc. (NYSE:VVX), a $1.66 billion market cap company currently trading at $53.31, announced Friday that Vertex Aerospace Holdco LLC will sell 2 million shares of V2X common stock in an underwritten offering expected to close around August 11, 2025. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimates, with the company showing a strong 12.6% return over the past week.

V2X, a provider of global mission solutions generating $4.33 billion in revenue, will not receive any proceeds from the offering as it is not selling any shares. However, the company has agreed to repurchase 200,000 shares from the underwriter at the same price paid to Vertex Aerospace, using cash on hand. InvestingPro data reveals the company maintains healthy profitability with earnings per share of $2.23 and an overall GOOD financial health rating. Discover more insights about V2X’s financial strength with InvestingPro’s comprehensive research report, available along with analysis of 1,400+ other US stocks.

RBC Capital Markets is serving as the sole underwriter for the transaction and will offer the shares through various methods including direct sales, brokerage transactions on the NYSE, or negotiated transactions.

Following the offering, Vertex Aerospace will retain approximately 32.3% ownership of V2X’s outstanding common stock, with 10,167,286 shares. The transaction will trigger governance changes, with two Vertex Aerospace-designated directors required to resign from V2X’s board no later than the company’s 2026 Annual Meeting of Shareholders.

Additionally, Vertex Aerospace’s board representation will be limited to one director per committee, and the investor will lose certain consent rights over material corporate actions including capital stock issuances, repurchases, acquisitions, dispositions, and organizational document amendments.

The offering is being made pursuant to an effective registration statement filed with the Securities and Exchange Commission. According to the press release statement, the transaction is subject to customary closing conditions.

In other recent news, V2X, Inc. reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.33, well above the forecast of $1.03. V2X’s quarterly sales reached $1.078 billion, exceeding the anticipated $1.05 billion, marking a 2.6% outperformance of consensus estimates. Adjusted EBITDA was reported at $82.4 million, 15% higher than Street expectations, with a margin of 7.6%.

Following these results, Raymond James reiterated its Outperform rating on V2X, maintaining a price target of $57.00. Stifel, on the other hand, raised its price target for the company to $63.00 from $55.00, citing a recent contract win and the strong quarterly performance. Despite the quarterly outperformance, V2X has kept its full-year guidance largely unchanged. These developments reflect a positive outlook from analysts and strong financial health for the company.

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