V2X Secures $103 Million U.S. Navy Contract to Enhance C-26 Aircraft Support

In an important development for military aviation, V2X Inc. (NYSE: VVX) has secured a substantial $103 million contract from the U.S. Navy. This agreement focuses on Contractor Logistics Support (CLS) for the C-26 aircraft, a vital asset within the Navy's operational framework. This substantial win is a testament to V2X's established reputation as a provider of high-quality logistics and maintenance solutions.

With this contract, V2X is set to deliver comprehensive CLS, which includes aircraft engineering, upgrades, maintenance, and modifications required for ensuring the C-26 aircraft remain mission-ready. Jeremy C. Wensinger, the President and CEO of V2X, emphasized the significance of this contract, stating, "This award exemplifies the Navy's unwavering confidence in V2X's proven ability to keep aircraft operational at an exceptional performance level." He further confirmed V2X's long-standing commitment to delivering mission-ready aircraft that can support operations around the globe.

V2X's role is crucial because maintaining a fleet of operational aircraft is integral to the Navy’s missions. Vinny Caputo, Senior Vice President of Aerospace Systems at V2X, highlighted the firm’s impressive readiness rates, which exceed 90%. He stated, "V2X consistently ensures that aircraft are not only maintained but are also equipped for mission success, effectively managing the complex interplay of maintenance, personnel, and equipment."

A unique aspect of V2X's offering centers around their numerous FAA Part 145 repair stations, which serve as readiness multipliers. These facilities play a crucial role in maintaining the C-26 fleet by ensuring that upgrades and repairs can be executed efficiently and effectively.

The work under this contract is anticipated to commence in June 2025, focusing on eight C-26A/D aircraft that are based at four main operational sites, which include one in the United States and three international locations. This contract win not only extends V2X's legacy but also reinforces its status as a forward-thinking leader in the aviation support sector.

V2X is renowned for its innovative solutions that imbue both digital and physical environments, harmoniously aligning people, technology, and actions to meet demanding operational requirements. The company operates across a diverse range of markets, including national security and defense, contributing to its reputation as a leading entity in innovative aviation solutions. With a global workforce consisting of about 16,100 professionals, V2X is committed to enhancing operational readiness and optimization of resource management while injecting advanced technologies such as AI and machine learning to address modern challenges across various operational domains.

As V2X continues to build on its foundation of excellence in aviation support, this recent contract with the U.S. Navy marks another milestone in its journey, proving that effective partnerships and strategic vision can yield significant outcomes in the demanding arena of military logistics and support.

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