Truist says more confident in V2X outlook with removal of AAR Corp. T-6 protest

Truist reiterated a Hold rating and $65 price target on shares of V2X (VVX) after the Court of Federal Claims denied AAR Corp’s (AIR) protest for the Air Force’s T-6 contract. The firm noted V2X has been fulfilling transition work for T-6 while the case was under protest. Truist is incrementally more confident in the company’s 2026 outlook with the removal of the protest overhang, the firm told investors in a research note.