V2X Secures $141M Cost-Plus-Fixed-Fee Task Order To Continue Providing Comprehensive Engineering Support For Command, Control, Communications, Computer, And Intelligence Systems To The Navy Fleet
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V2X Inc. (NYSE:VVX) has been awarded a $141 million cost-plus-fixed-fee task order to continue providing comprehensive engineering support for Command, Control, Communications, Computer, and Intelligence (C4I) systems to the U.S. Navy. This task order is part of the Navy's Fleet Systems Engineering Team (FSET) program, which V2X has supported for 25 years.
July 17, 2024 | 1:26 pm
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V2X Inc. (NYSE:VVX) has secured a $141 million task order to continue providing engineering support for C4I systems to the U.S. Navy, reinforcing their long-standing partnership under the FSET program.
The $141 million task order is a significant contract that will likely boost V2X's revenues and solidify its position as a key provider of engineering support to the U.S. Navy. This long-term partnership under the FSET program highlights the company's reliability and expertise, which is positive for its stock price.
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