Hangar

Research tool, not investment advice. Contract values are not revenue. Every figure links to the government announcement it came from.

Companies

VVX V2X Inc.

VVX price history on Yahoo Finance (external; Hangar doesn't show prices, why)

Definite, last 12 months$802.8M6 awards
Potential, last 12 months$500.0M1 ceilings / IDIQs
Definite since 2024$1.19B10 awards
Not counted5 5 shared pool

Totals add up the rows below; click any amount to open its source. Contract values are paid out over years and are not revenue.

Definite awards per quarter, by branch

$0$200M$400M$600M$800M24Q12024 Q2 · Army: $10.3M ($10,260,000)24Q224Q32024 Q4 · Air Force: $300.0M ($299,965,743)24Q42025 Q1 · Air Force: $62.2M ($62,184,592)25Q12025 Q2 · Army: $12.5M ($12,500,000)25Q225Q32025 Q4 · Air Force: $21.0M ($20,995,905)25Q426Q126Q22026 Q3 · Navy: $422.8M ($422,782,895)2026 Q3 · Air Force: $254.3M ($254,331,270)26Q32026 Q4 · Army: $104.6M ($104,641,327)26Q4*
NavyArmyAir ForceDefense Logistics AgencyOther agencies* 2026 Q4 is in progress (data through 2026-11-06)
Chart data
QuarterNavyArmyAir ForceDefense Logistics AgencyOther agencies
2024 Q1
2024 Q2$10.3M
2024 Q3
2024 Q4$300.0M
2025 Q1$62.2M
2025 Q2$12.5M
2025 Q3
2025 Q4$21.0M
2026 Q1
2026 Q2
2026 Q3$422.8M$254.3M
2026 Q4$104.6M

Backlog and revenue, from SEC filings

Backlog here is remaining performance obligations (RPO): the standard figure for contracted work not yet delivered. It is usually smaller than the "backlog" companies quote, because it leaves out unfunded orders and options. Values are as first reported; click a point or number to open the filing. How this works

RPO (backlog): SEC data not downloaded yet.

Annual revenue: SEC data not downloaded yet.

All announcements

Download as CSV (includes how each row was counted).

2026 6 announcements
DateRecipientAmount% of RPO / revenueDetails
V2X Systems LLCArmy $104.6M
V2X Systems LLC, Colorado Springs, Colorado, was awarded a $104,641,327 modification (P00080) to contract W91RUS-21-C-0001 for operation, maintenance and defense of Army…
…communications supporting Army operational base communications information systems and infrastructure. The modification brings the total cumulative face value of the contract to $813,128,030. Work will be performed in Kuwait, Jordan, Bahrain, and Qatar, with an estimated completion date of Oct. 31, 2028. Fiscal 2027 operations and maintenance, Army funds in the amount of $16,164,488 were obligated at the time of the award. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W91RUS-21-C-0001).

Contract W91RUS-21-C-0001, modification; obligated at award $16.2M

V2X Systems LLCAir Force $231.8M
V2X Systems LLC, Colorado Springs, Colorado, has been awarded an undefinitized contract action with a not-to-exceed ceiling price of $231,757,508 modification (P00012)…
…to previously awarded (FA8630-25-C-B017) for base support services in support of the Iraq F-16 program. The modification brings the total cumulative face value of the contract to $594,189,544 from $362,432,036. Work will be performed at Martyr BG Ali Flaih Air Base, Iraq, and is expected to be completed by July 17, 2027. This contract involves foreign military sales to Iraq. Foreign Military Sales funds in the amount of $115,878,754 are being obligated at the time of award. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.

Contract FA8630-25-C-B017, modification; obligated at award $115.9M

Vertex Aerospace LLCNavy $31.8M
Vertex Aerospace LLC, Madison, Mississippi, is awarded a $31,807,588 modification (P00012) to a previously awarded indefinite-delivery/indefinite-quantity contract…
…(N0042124D0003). This modification is for collective bargaining agreement labor cost adjustments supporting continued organizational, selected intermediate, limited depot-level maintenance, and logistics support services for the F-5 aircraft for the Navy. Work will be performed in Key West, Florida (36%); Yuma, Arizona (24%); New Orleans, Louisiana (19%); Beaufort, South Carolina (17%); and Fallon, Nevada (4%), and is expected to be completed in November 2028. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was competed. Naval Air Warfare Center Aircraft Division, Patuxent River, Maryland, is the contracting activity.

Contract N00421-24-D-0003, modification; obligated at award $0

Vertex Aerospace LLC, a V2X Co.Navy $391.0M
Vertex Aerospace LLC, a V2X Co., Madison, Mississippi, is awarded a $390,975,307 firm-fixed-price and cost contract for logistic integration support services. This…
…contract provides to coordinate the complex repair process for the Marine Force Storage Command Logistics Integration Support Secondary Repairable program. Work will be performed in Albany, Georgia (34%); Barstow, California (11%); Camp Lejeune, North Carolina (11%); Camp Pendleton, California (11%); Okinawa, Japan (11%); Kaneohe Bay, Hawaii (11%); and Jacksonville, Florida (11%), with an expected completion date of Jan. 30, 2026. This contract includes a five-year ordering period and a six-month extension of services which, if exercised, could bring the cumulative value of this contract to $390,975,307. No funding will be obligated at the time of award, and the award will be made contingent to the availability of funds. Funding will be obligated as task orders are assigned. This contract was competed in Procurement Integrated Enterprise Environment, and two proposals were received. The Marine Corps Logistics Command, Albany, Georgia, is the contracting activity (M67004-26-D-0001).

Contract M67004-26-D-0001, contract

Vertex Aerospace LLCAir Force $22.6M
Vertex Aerospace LLC, Madison, Mississippi, has been awarded a $22,573,762 modification (P00003) to previously awarded (FA8106-25-D-B003) for contractor operated and…
…maintained base supply services. This modification brings the cumulative face value of the contract to $46,269,389. Work will be performed at Vance Air Force Base, Oklahoma, and is expected to be completed by April 20, 2027. No funds are being obligated at time of award. The Air Force Life Cycle Management Center, Tinker AFB, Oklahoma, is the contracting activity.

Contract FA8106-25-D-B003, modification; obligated at award $0

Vertex Aerospace LLCAir Force $500.0M IDIQ ceiling
Vertex Aerospace LLC, Madison, Mississippi, has been awarded a ceiling $500,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for contractor…
…logistic support services for the Air Force C-12 aircraft fleet. This contract provides time-sensitive movement of personnel, cargo, and medical evacuation, as well as test support for Air Force Materiel Command, Defense Intelligence Agency, Defense Security Cooperation Agency, and Pacific Air Forces. Work will be performed at Joint Base Elmendorf-Richardson, Alaska; Edwards Air Force Base, California; Joint Base Andrews, Maryland; Madison, Mississippi; Holloman Air Force Base, New Mexico; Okmulgee, Oklahoma; San Angelo, Texas; Buenos Aires, Argentina; Gaborone, Botswana; Brasilia, Brazil; Bogota, Colombia; Cairo, Egypt; Accra, Ghana; Tegucigalpa, Honduras; Budapest, Hungary; Yokota Air Base, Japan; Nairobi, Kenya; Rabat, Morocco; Manila, Philippines; Riyadh, Saudi Arabia; Bangkok, Thailand; Ankara, Turkey; and Oslo, Norway, and is expected to be completed by June 30, 2031. This contract involves Foreign Military Sales. This contract was a competitive acquisition, and three offers were received. Fiscal 2026 operation and maintenance funds in the amount of $237,125; fiscal 2026 research, development, test, and evaluation funds in the amount of $7,250; and Foreign Military Sales funds in the amount of $5,659 are being obligated at time of award. The Air Force Life Cycle Management Center, Tinker Air Force Base, Oklahoma, is the contracting activity (FA8134-26-D-B004).

Contract FA8134-26-D-B004, contract; obligated at award $250,034

Which names count as VVX

Contract announcements name the legal entity that signed (often a subsidiary). These are the names matched to VVX and the rules that matched them.

Rule (normalized name)Valid fromEvidenceNote
^v2x\b—company name
^vertex aerospace\b2022-07-05VVX 10-K Exhibit 21 (verify)Vertex merged with Vectrus to form V2X in July 2022