V2X Wins $46M Air Force Contract for B-52 LRSO Missile Program
VVX sits 45% above its 52-week low of $50.889.
Summary
V2X secured a $46 million delivery order to produce carriage equipment for the Air Force's Long Range Standoff (LRSO) cruise missile program, supporting B-52 integration. This adds to a string of recent defense wins, including a $500M IDIQ and a $391M Marine Corps contract, reinforcing V2X's position in high-priority modernization efforts. The award is modest relative to the company's $2.3B market cap but signals continued momentum in strategic deterrence work. Work will support the replacement of the Air-Launched Cruise Missile, a decades-long program.
At the time of this announcement, VVX was trading at $73.70 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $50.89 to $93.98. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.