V2X Secures Single Award Indefinite-Delivery/Indefinite-Quantity Contract Valued At $747M
Portfolio Pulse from Benzinga Newsdesk
V2X has secured a significant contract valued at $747 million, which includes a firm-fixed price and is set to last until November 2028, with potential extensions through November 2031. This contract highlights V2X's strong position in securing long-term government contracts.
August 26, 2024 | 11:35 am
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V2X has secured a $747 million contract, which is a firm-fixed price agreement lasting until November 2028, with options to extend to 2031. This contract is a significant boost to V2X's revenue stream and showcases its capability in securing long-term government contracts.
The $747 million contract is a substantial addition to V2X's revenue, indicating strong business prospects and stability. The long-term nature of the contract, with potential extensions, further solidifies V2X's market position and revenue predictability.
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