Recent Updates — VVX
V2X, Inc. announced that Dr. L. Roger Mason Jr. resigned as Senior Vice President and Chief Growth Officer effective August 7, 2026, to become Director of the National Reconnaissance Office within the U.S. Department of War. In connection with his departure and execution of a separation agreement, the Board approved an Annual Incentive Plan payment of $331,975, representing a prorated portion of his target award for January through July 2026. CEO Jeremy C. Wensinger will assume Mason's responsibilities until a successor is appointed. The resignation was not due to disagreements regarding operations or policies. V2X, Inc. provides logistics and engineering support services primarily to the U.S. Department of Defense.
V2X, Inc. reported second quarter 2026 financial results and increased its full-year guidance for revenue, adjusted EBITDA, and adjusted diluted earnings per share. Second-quarter revenue reached $1.26 billion, a 17% year-over-year increase, while net income was $25.5 million and adjusted diluted EPS rose 23% to $1.64. The company updated its fiscal 2026 revenue guidance range upward from $4.825–$4.875 billion to $4.975–$5.025 billion, with adjusted EBITDA guidance raised to $347.5–$362.5 million and adjusted diluted EPS guidance increased to $5.90–$6.30. As of July 3, 2026, total backlog stood at $12.7 billion with funded backlog of $2.5 billion. V2X operates in the defense and national security services industry, providing mission support, modernization, training, and aerospace solutions.