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V2X Awarded $140 Million Task Order to Support a Key Space Force Tracking and Instrumentation Station

1. V2X awarded a five-year task order for U.S. Space Force operations. 2. Contract is valued at $140 million for Ascension Island support. 3. Operations are set to begin July 2025, enhancing mission readiness. 4. V2X’s reliable performance under AFCAP V solidifies its partnership. 5. The contract emphasizes critical infrastructure resilience and operational efficiency.

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FAQ

Why Bullish?

A significant long-term contract boosts investor confidence, similar to past contract awards.

How important is it?

The awarded contract directly contributes to V2X’s revenue, highlighting growth potential in defense sectors.

Why Long Term?

The contract will enhance revenue stability over several years, impacting long-term growth positively.

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, /PRNewswire/ -- V2X Inc. (NYSE: VVX) announced it has been awarded a new five-year task order to support U.S. Space Force operations at Ascension Island as part of the U.S. Air Force's Contract Augmentation Program V (AFCAP V). The firm-fixed-price award includes a one-year base period and four one-year option periods, with a ceiling value of $140 million. Ascension Island is a key strategic location in the South Atlantic, supporting U.S. Space Force operations and the broader Eastern Range mission. Under this contract, V2X will deliver essential services that improve mission outcomes, operational efficiency, and infrastructure resilience on the island. "Ascension Island plays a significant role in advancing the U.S. Space Force mission, and we're proud to support this national security asset," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X.  "We will leverage our full lifecycle capabilities and decades of experience operating at scale in remote and dynamic environments to deliver improved readiness for this strategically vital mission." V2X continues to be a trusted partner under the AFCAP V, the company's consistent performance under the program stresses its ability to deliver agile, reliable, and high-quality support services at scale across the globe. Operations are set to begin July 2025, reinforcing V2X's commitment to supporting full-spectrum solutions. About V2XV2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission's lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today's toughest challenges across all operational domains. Investor Contact Mike Smith, CFAVice President, Treasury, Corporate Development and Investor Relations[email protected]719-637-5773 Media ContactAngelica Spanos DeoudesSenior Director, Marketing and Communications  [email protected]571-338-5195 SOURCE V2X, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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