The defense contractor secured a deal with a base value of $391 million and potential expansion to $500 million.
V2X (VVX) has been awarded a logistics contract by the U.S. Marine Corps Logistics Command valued at approximately $391 million. The agreement includes options that could increase its total value to $500 million over its duration.
The contract follows prior defense logistics agreements, reflecting ongoing demand for military support services. No prior consensus estimate was publicly disclosed for this specific award.
Shares of V2X remained stable in after-hours trading following the announcement.