V2X, Inc. (VVX), Monday announced that the company has secured a $103 million contract by the U.S. Navy for Contractor Logistics Support maintenance of C-26 aircraft, including aircraft engineering, upgrades maintenance and modifications.
The company added that the contract signifies Navy's continued confidence in V2X's ability to deliver mission-capable aircraft with exceptional performance.
The firm-fixed-price contract is expected to begin in June 2025.
In the pre-market hours, V2X's stock is trading at $49.81 on the New York Stock Exchange.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.