US LNG exports surge but will buyers in China turn up?
RESTON, Va. - V2X Inc. (NYSE: VVX), a $1.59 billion market cap company specializing in integrated training and technology solutions, has won a spot on the U.S. Army’s Live Training, Ranges, and Combat Training Centers (LTRaC) contract. According to InvestingPro data, the company maintains a GOOD financial health score and has demonstrated profitability over the last twelve months. The Indefinite Delivery, Indefinite Quantity (IDIQ) contract, awarded by the U.S. Army Program Executive Office for Simulation, Training and Instrumentation (PEO STRI), is aimed at enhancing and modernizing live training systems across military installations.
The contract, which has a maximum value of $379 million, spans an eight-year period, including a five-year base term with an optional three-year extension. This contract value represents approximately 8.7% of V2X’s current annual revenue of $4.33 billion. Analysis from InvestingPro suggests V2X is currently trading below its Fair Value, presenting a potential opportunity for investors interested in defense contractors. V2X will be involved in various aspects of the Army’s training regimen, providing life-cycle management, engineering, and manufacturing support for both existing and new training instrumentation systems.
Jeremy C. Wensinger, President and CEO of V2X, highlighted the importance of the LTRaC contract in complementing the company’s existing Army training contracts, stating that V2X now supports "every stage of the warfighter’s training journey." Ken Shreves, Senior Vice President of Mission Support, emphasized the company’s comprehensive approach to training support, which spans all soldiers, weapon systems, and major training installations.
V2X’s role will include ongoing technology updates, modernization projects, research and development, and the delivery of new systems for live training environments. The contract extends the company’s services to live fire ranges, Combat Training Centers (CTCs), home station training environments, and potentially to U.S. Marine Corps live training systems.
The company, which employs around 16,000 professionals globally, is known for integrating artificial intelligence and machine learning into its solutions to address complex challenges in national security, defense, civilian, and international markets.
This contract win represents a significant milestone for V2X, reinforcing its position as a key player in the military training and readiness sector. The information provided is based on a press release statement from V2X Inc.
In other recent news, V2X Inc reported its Q1 2025 earnings, showing an earnings per share (EPS) of $0.98, which exceeded the forecast of $0.95. However, the company’s revenue of $1.02 billion fell short of the anticipated $1.04 billion. Despite this revenue miss, V2X Inc demonstrated a 10% year-over-year revenue increase in the Indo-Pacific region, with net income rising to $8.1 million from $1.1 million in the previous year. The company also reported an improved cash position of $170 million and no outstanding balance on its $500 million revolver. Additionally, V2X Inc reaffirmed its 2025 guidance, projecting revenues of $4.4 billion and adjusted EPS of $4.65. The company highlighted significant contract wins, including a $62 million contract with the Space Force and a $103 million award to provide engineering and maintenance for the Navy’s aircraft. Analyst firms noted the company’s strategic positioning and potential for growth, with ongoing exploration of mergers and acquisitions to enhance future opportunities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.