V2X gets $103 million contract by the U.S. Navy

V2X ( NYSE: VVX ) said it has been awarded a $103 million contract by the U.S. Navy for contractor logistics support maintenance of C-26 aircraft.

Under the contract, the firm will continue providing comprehensive CLS support, including aircraft engineering, upgrades maintenance, and modifications. The work for the contract is expected to start in June 2025. More on V2X V2X Has Disappointing Margins, But Is Tremendously Undervalued Citi: Defense stocks take top spot into Q1 earnings, tariffs manageable V2X reprices and extends term loan and revolver.