NYSE:VVXAerospace & Defense
Does New Navy LAIRCM Contract Deepen V2X’s Defense Modernization Moat And Backlog Story (VVX)?
V2X, Inc. recently announced that it was awarded a U.S. Navy contract to integrate Large Aircraft Infrared Countermeasures systems on multiple U.S. Marine Corps KC-130J aircraft at its Crestview, Florida modernization and integration center, reinforcing its role in protecting aircraft from infrared-guided missile threats.
This latest win, coming on the heels of strong first-quarter results, raised guidance, and billions of dollars in new awards, highlights how defense modernization programs...