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VVX V2X Inc

51.21
0.81 (1.61%)
Last Updated: 16:24:45
Delayed by 15 minutes
Share Name Share Symbol Market Type
V2X Inc NYSE:VVX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.81 1.61% 51.21 51.21 50.04 50.38 5,818 16:24:45

V2X Secures $48.5 Million U.S. Army Contract to Enhance Battlefield Communications with Versatile Gateway Mission Router

22/07/2024 12:45pm

PR Newswire (US)


V2X (NYSE:VVX)
Intraday Stock Chart


Monday 22 July 2024

Click Here for more V2X Charts.

MCLEAN, Va., July 22, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announces the award of a  $48.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, under the purview of the PEO Soldier portfolio, for the innovative Gateway Mission Router (GMR). The GMR creates a fully converged operational environment on the battlefield for our warfighters by seamlessly integrating information and assured communications across multiple domains. The contract spans four years and underscores V2X's commitment to delivering cutting-edge solutions in support of national defense. 

V2X (PRNewsfoto/V2X, Inc.)

The GMR represents the pinnacle of rugged and cyber-hardened technology. Designed to facilitate real-time situational awareness, the GMR seamlessly integrates information from diverse sources across multiple domains, creating a fully converged operational environment on the battlefield. Offering platform independence, the GMR is adaptable for deployment across aviation and ground vehicle platforms, ensuring versatility and effectiveness in a variety of operational scenarios.

"V2X's receipt of this contract marks a significant milestone in our ongoing partnership with the U.S. Army," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. "Our commitment to innovation and mission excellence enables us to deliver solutions like the Gateway Mission Router that enhance mission effectiveness and support our nation's defense objectives."

V2X continues to expand its presence within the U.S. Army, with the integration of GMR across numerous platforms. The GMR family's wide-ranging flexibility positions it as a key enabler for the Department of Defense's Combined Joint All Domain Command and Control (CJADC2) initiative, demonstrating V2X's dedication to advancing modern warfare capabilities.

About V2X

V2X 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.

Media Contact 
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

Investor Contact 
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-secures-48-5-million-us-army-contract-to-enhance-battlefield-communications-with-versatile-gateway-mission-router-302202141.html

SOURCE V2X, Inc.

Copyright 2024 PR Newswire

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