V2X (VVX) announced it has been awarded a 10-year, $425 million indefinite-delivery, indefinite-quantity contract to modernize and upgrade cockpit displays for the U.S. Air Force, USAF, F-16 fleet. Under the contract, V2X will provide center display units full kits, line-replaceable units, shop-replaceable units, and related support hardware for the combat jet. Work will be performed at V2X’s facility in Indianapolis, Indiana, and is expected to be completed by September 2035.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VVX:
- V2X Board Changes and Shareholder Agreement Termination
- V2X announces sale of 2.25M shares of common stock by Vertex Aerospace
- V2X Positioned for Sustainable Growth Amid Strategic Expansion and Merger Benefits
- V2X Appoints New Chief Accounting Officer
- V2X price target raised to $65 from $58 at Truist