V2X, Inc. (NYSE:VVX) has secured a position on the Training Systems Acquisition IV (TSA IV) program with the United States Air Force.
The multiple award, indefinite-delivery/indefinite-quantity contract vehicle is valued up to $32.5 billion over ten years, including all option periods.
The contract assists in developing, installing, and long-term supporting cutting-edge training systems designed for aircrew, maintenance personnel, and system-specific training.
“This partnership enables us to develop, install, and provide long-term support for cutting-edge technologies that shape the future of warfighter training,” commented V2X President and CEO Chuck Prow.
“This win provides an opportunity for V2X to leverage its decades of Army training expertise to now deliver innovative training solutions to the Air Force,” Prow added.
Price Action: VVX shares are trading higher by 4.12% at $46.24 on the last check Wednesday.
