V2X Inc

V2X announced that Dr. L. Roger Mason has with immediate effect resigned from his positions as senior vice president and chief growth officer, effective August 7, 2026, to take over leadership of the National Reconnaissance Office in the U.S. Department of Defense. The company paid him a separation and severance agreement of $331,975; CEO Jeremy C. Wensinger will temporarily assume his duties. V2X had recently reported a strong second quarter and secured a logistics contract from the U.S. Marine Corps Logistics Command worth up to $500 million, prompting analysts to raise or adjust their price targets. Despite the results, the stock fell 4.3% after a more cautious outlook, although it showed a marked year-to-date gain. » More on de.investing.com

V2X won a logistics contract with the U.S. Marine Corps Logistics Command with a base value of about $391 million and a total potential value, including options, of up to $500 million. The company will provide Logistics Integration Support Services for the SECREP program and coordinate the repair and management of secondary reparable components within the Marine logistics chain. V2X has supported the program for more than twenty years; the award expands its suite of integrated logistics and maintenance programs and helped lift the stock by about 1.6%. » More on de.investing.com

V2X has received a framework contract worth up to $500 million to provide logistics support and maintenance for the C-12 fleet. The contract extends the existing partnership through June 2031 and covers maintenance, supply-chain management, engineering and logistics for aircraft deployed worldwide. Work will be performed at multiple international locations and supports both Air Force operations and Foreign Military Sales; V2X reports an operational readiness rate of over 95 percent under the current program. » More on de.investing.com