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MCLEAN, Va. - V2X, Inc. (NYSE:VVX), a prominent provider of global mission solutions with annual revenue of $4.3 billion and market capitalization of $1.6 billion, disclosed today that Vertex Aerospace Holdco LLC is selling 2 million shares of V2X common stock in an underwritten public offering. According to InvestingPro data, the company has demonstrated strong financial health and appears undervalued based on its Fair Value analysis. The sale does not involve any shares from V2X itself, and consequently, the company will not receive any proceeds from this transaction.
The offering, with RBC Capital Markets as the sole underwriter, is expected to close around May 19, 2025, subject to standard closing conditions. RBC Capital Markets will be offering the shares on the New York Stock Exchange, among other methods, at market prices or at negotiated prices. The current stock price stands at $52.31, with the company maintaining profitability over the last twelve months despite operating with relatively thin gross profit margins of 8.1%.
Post-offering, Vertex Aerospace’s stake in V2X will reduce to approximately 38.4% of outstanding common stock, or 37.4% if the underwriter exercises its option to purchase an additional 300,000 shares.
The shares are part of a registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission (SEC) on September 12, 2022. The prospectus included in the registration statement provides detailed information about V2X and this offering, which is available on the SEC’s website.
This press release contains forward-looking statements that involve certain risks and uncertainties. These include V2X’s ability to win proposals, retain contracts, compete effectively, and manage various other risks outlined in their SEC filings. For a deeper understanding of V2X’s financial health and growth prospects, investors can access comprehensive analysis and additional ProTips through InvestingPro’s detailed research reports, which provide expert insights on over 1,400 US stocks.
The details provided in this article are based on a press release statement from V2X, Inc.
In other recent news, V2X Inc reported its first-quarter 2025 earnings, revealing 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 the revenue miss, V2X demonstrated a significant 10% year-over-year revenue increase in the Indo-Pacific region and a notable rise in net income to $8.1 million from $1.1 million in the previous year. The company also secured a significant U.S. Army training contract, valued at up to $379 million over eight years, to enhance and modernize live training systems. This contract win reinforces V2X’s presence in military training and readiness sectors. Furthermore, V2X has reaffirmed its 2025 guidance, projecting revenues of $4.4 billion and adjusted EPS of $4.65, with expectations of back-half weighted revenue growth. The company is also exploring mergers and acquisitions to enhance growth, while maintaining a strong liquidity position with $170 million in cash and no outstanding balance on its $500 million revolver.
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