V2X, Inc. (VVX) announced on Tuesday that it has been awarded the $11.9 billion Defense Logistics Agency J6 Enterprise Technology Services 2.0 contract to provide advanced IT solutions.
The company noted that this contract spans five years, with an option to extend for another five years. This initiative will support both U.S. and international Defense Department operations with critical IT services.
As of now, V2X's stock is trading at $55.95, reflecting a 0.16 percent increase on the New York Stock Exchange.