V2X (VVX): Court Win Solidifies T-6 Contract Ramp, But Known Upside Keeps Risk/Reward Balanced at Hold

Tobey Sommer, an analyst from Truist Financial, maintained the Hold rating on V2X. The associated price target remains the same with $65.00.

Tobey Sommer has given his Hold rating due to a combination of factors related to both opportunity and risk around V2X’s T-6 contract. The recent court decision rejecting AAR Corp’s protest removes a key uncertainty, allowing V2X to fully proceed with ramping the T-6 program, which he views as a constructive development. Management has already been engaged in transition activities during the protest period and anticipates a 90–120 day ramp before reaching a stable operating pace, which supports greater confidence in the medium-term outlook.

At the same time, Sommer’s stance reflects that, while the T-6 award is a major, long-duration contract with multibillion-dollar potential, much of its strategic value and expected revenue contribution were already known to investors. The program is expected to deliver a sizeable but measured annual revenue stream based on historical levels, contributing meaningfully to growth but not transforming the near-term investment profile. With management already expressing confidence in 2026 growth even before the protest resolution, the latest news mainly reinforces, rather than dramatically alters, his forward view. As a result, he maintains a balanced perspective on risk and reward, supporting a Hold recommendation on the shares.

According to TipRanks, Sommer is a 5-star analyst with an average return of 8.2% and a 61.52% success rate. Sommer covers the Industrials sector, focusing on stocks such as KBR, V2X, and GFL Environmental.