VVXNYSEServices-Facilities Support Management ServicesUS GAAP · USD

V2X, Inc.

V2X, Inc. provides mission support and modernization services for defense, national security, civilian, and international customers. The company operates as a single segment and delivers integrated capabilities across readiness, logistics, communications, mission solutions, and platform sustainment from a global footprint spanning 49 countries and territories.

Liikevaihto4 480milj. USD
+3,7 %v/v
Liikevoitto (EBIT)194milj. USD
+22,0 %v/v
EBIT-marginaali4,3%
+0,7 %-yks.v/v
Nettotulos77,9milj. USD
+124,5 %v/v
Vapaa kassavirta182milj. USD
−28,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

01 0002 0003 0004 0005 000milj. USD2020: 1 396 milj. USD2020: EBIT 43 milj. USD20202021: 1 784 milj. USD2021: EBIT 62 milj. USD20212022: 2 891 milj. USD2022: EBIT 56 milj. USD20222023: 3 963 milj. USD2023: EBIT 124 milj. USD20232024: 4 322 milj. USD2024: EBIT 159 milj. USD20242025: 4 480 milj. USD2025: EBIT 194 milj. USD20254 480194
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
High Impact Readiness25 %

Training, simulation, and readiness support that helps military users prepare personnel and systems for missions.

Integrated Supply Chain Management20 %

Warehousing, distribution, deployment, and logistics services that keep mission-critical operations supplied.

Assured Communications15 %

Communications and IT support services for secure, reliable operations in defense environments.

Mission Solutions20 %

Integrated support services tailored to national security, defense, civilian, and international customers.

Platform Renewal and Modernization20 %

Maintenance, sustainment, upgrades, and life-extension work for military platforms and systems.

Asiakkaat

V2X primarily serves the U.S. Department of Defense, with the U.S. Army identified as its largest customer, and it also supports other U.S. government, civilian, and international customers. Its services are bought by agencies and program offices that need outsourced mission support, sustainment, and training capabilities across long-duration contracts.

U.S. Department of Defense

Buys mission support, readiness, logistics, and modernization services for military operations.

U.S. Army

Buys a large share of the company's services, especially readiness, sustainment, and support programs.

Other U.S. government customers

Buy specialized support services for defense and national security missions.

International and foreign government customers

Buy training, simulation, and support services adapted to local defense needs.

Civilian customers

Buy communications, logistics, and mission support capabilities for operational environments.

Strategia

V2X is focused on full-lifecycle mission support that improves readiness, lowers customer cost, and extends the utility of defense platforms. Its strategy centers on execution quality, differentiated technology-enabled solutions, and expanding its global presence in markets where governments outsource critical support functions.

Win and retain long-duration defense contractsLyhyt aikaväli

The business depends on large, recurring government programs and recompetes.

Expand technology-enabled readiness and training offeringsKeskipitkä aikaväli

Simulation and remote learning can differentiate services and improve mission outcomes.

Broaden international footprintKeskipitkä aikaväli

A wider global presence can open new defense and government opportunities beyond the U.S.

Maantiede

Q2/2026

V2X operates globally across 349 locations in 49 countries and territories, with a footprint spanning seven continents. Revenue is heavily tied to the United States, while programs in the Middle East, Asia, and Europe add geographic diversification and exposure to overseas defense demand.

USA65 %
Middle East25 %
Asia6,1 %
Europe4,2 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

V2X is exposed to U.S. government budget cycles, contract recompete risk, and concentration in a small number of large programs. As a defense and IT-enabled services contractor, it also faces cybersecurity, staffing, and operational execution risks that can disrupt mission-critical work and damage customer trust.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Cybersecurity and information security risk1Government funding and procurement risk2Contract concentration and recompete risk3Labor availability and retention risk4Geopolitical and overseas operating risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Cybersecurity and information security riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company handles controlled unclassified and sensitive government information.

    Kohdistuu: Internal IT systems and customer-operated networks

  2. Government funding and procurement riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Revenue depends heavily on U.S. defense budgets and acquisition decisions.

    Kohdistuu: U.S. Department of Defense programs

  3. Contract concentration and recompete riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Loss or downsizing of a major contract can materially affect revenue and cash flow.

    Kohdistuu: Large long-duration government contracts

  4. Labor availability and retention riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Programs require qualified personnel and subcontract labor to meet contract terms.

    KohdistuuTechnicalLogisticsField support roles
  5. Geopolitical and overseas operating riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    International programs can be affected by regional instability and access constraints.

    KohdistuuMiddle EastAsiaEurope operations

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on long-term contracts

Service contracts may recognize revenue over time and depend on estimates of progress and performance.

Vaikutus: Affects revenue timing, margins, and quarter-to-quarter comparability

Unbilled receivables and billing timing

Working capital is influenced by when services are performed versus when invoices are issued.

Vaikutus: Affects operating cash flow and balance sheet receivables

Goodwill and intangible asset impairment

Acquired contract portfolios and customer relationships must be tested for recoverability.

Vaikutus: Could create non-cash charges if program values decline

Income tax estimates

Results depend on the mix of U.S. and foreign earnings and uncertain tax positions.

Vaikutus: Affects effective tax rate and net income

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

V2X, Inc. (VVX) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo