Defense Stock Bucking the Broad Market Trend
Portfolio Pulse from
V2X Inc (NYSE:VVX) is defying the broad market selloff by securing a $170 million contract with the Drug Enforcement Administration (DEA), boosting its stock performance.
December 30, 2024 | 4:00 pm
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V2X Inc (NYSE:VVX) has secured a $170 million contract with the DEA, which is positively impacting its stock price despite a broad market selloff.
The $170 million contract with the DEA is a significant win for V2X Inc, likely leading to increased revenue and investor confidence. This news is causing VVX to outperform the broader market, which is experiencing a selloff.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100