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V2X Awarded New Foreign Military Sales Contract Supporting Iraq's F-16 Program

1. V2X Inc. awarded $118 million contract for Iraq F-16 program support. 2. Contract spans five years, reinforcing V2X's capabilities in military services. 3. Foreign military sales represent a growing opportunity for V2X. 4. Work will be conducted at Martyr BG Ali Flaih Air Base in Iraq. 5. CEO noted contract reflects V2X's global operational strength and size.

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FAQ

Why Bullish?

The $118 million contract strengthens V2X's revenue base and reflects operational growth. Similar past contracts have positively affected stock performance, showcasing investor confidence.

How important is it?

The announcement significantly impacts VVX's future earnings potential and market positioning in defense contracts.

Why Long Term?

The five-year duration of the contract ensures sustained revenue, enhancing long-term stability. Previous long-term contracts in defense consistently contribute to upward stock trends.

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, /PRNewswire/ -- V2X Inc., (NYSE: VVX) has been awarded a new cost-plus-fixed-fee undefinitized contract to provide support services for the Iraq F-16 program. The initial contract value is $118 million to support an immediate start with full definitization of the contract before the end of 2025. The full period of performance of the contract is expected to be five years.  The contract, awarded under the Foreign Military Sales program, includes comprehensive base operations, life support services, and other operations. Work will be performed at Martyr BG Ali Flaih Air Base in Iraq. "This award is a testament to the strength of V2X's full-spectrum capabilities," said Ken Shreves, Senior Vice President of Mission Support at V2X. "We are honored to have been selected to deliver this critical strategic capability to the Iraqi Air Force in this high-stakes environment."   Jeremy C. Wensinger, President and Chief Executive Officer of V2X added, "This award reflects our ability to leverage a broad portfolio of capabilities and our global footprint into larger and more strategic opportunities. Foreign military sales and international markets represent a significant and growing area of opportunity for V2X."   V2X brings decades of experience enabling complex missions from start to finish in global theaters across air, land, sea, space, and cyber domains.  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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