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V2X Inc. Secures Major U.S. Army Contract to Enhance Live Training and Readiness

Last updated: May 13, 2025
Taurigo

V2X Inc. (NYSE: VVX) has announced a significant development in its operations with the award of a contract under the U.S. Army's Live Training, Ranges, and Combat Training Centers (LTRaC) initiative. This Indefinite Delivery, Indefinite Quantity (IDIQ) contract positions V2X at the forefront of modernizing the Army's training systems, with a potential ceiling value of $379 million over an eight-year performance period.

1. Contract Overview: LTRaC IDIQ

The LTRaC contract supports the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation (PEO STRI) and encompasses life-cycle product line management, engineering, and manufacturing for both existing and new training instrumentation systems. The focus of this contract is to modernize and enhance major range and Combat Training Center (CTC) instrumentation systems, which are critical for preparing soldiers for real-world scenarios.

Scope of Work

Under the LTRaC contract, V2X will provide extensive support across various training environments, including:

  • Live Fire Ranges: Ensuring soldiers have the necessary tools and systems for realistic live-fire training exercises.
  • Combat Training Centers (CTCs): Enhancing the capabilities of CTCs to simulate combat scenarios effectively.
  • Home Station Training Environments: Supporting training that occurs at home bases before deployment.
  • Potential U.S. Marine Corps Support: Extending the benefits of advanced training systems to the Marine Corps.

According to Ken Shreves, Senior Vice President of Mission Support at V2X, the contract's scope includes continuous technology refresh efforts, modernization initiatives, research and development, and the delivery of new training systems. “From every soldier and every weapon system to every major training installation, V2X delivers integrated support across training aids, devices, simulators, and simulations,” Shreves stated.

2. Strategic Importance of the LTRaC Contract

V2X's President and CEO, Jeremy C. Wensinger, emphasized the strategic significance of this award, stating, “With the addition of LTRaC, V2X completes the trifecta of premier Army training contracts, joining our work of BEST MAC and W-TRS.” This statement underscores V2X's comprehensive commitment to enhancing military readiness through advanced training solutions.

Financial Implications

The LTRaC contract, with its ceiling value of $379 million over eight years, represents a substantial opportunity for V2X to bolster its revenue streams and solidify its position in the defense sector. The contract consists of a five-year base period, followed by an optional three-year extension, allowing for potential long-term engagement and revenue generation for the company.

3. About V2X Inc.

V2X Inc. is dedicated to building innovative solutions that merge physical and digital environments. The company focuses on aligning people, actions, and technology to enhance mission readiness, optimize resource management, and improve security across various sectors. With a robust workforce of approximately 16,000 professionals, V2X is committed to injecting artificial intelligence (AI) and machine learning capabilities into its operations, addressing complex challenges across national security, defense, civilian, and international markets.

As V2X embarks on this new contract, the company is well-positioned to play a pivotal role in shaping the future of military training and readiness, ensuring that soldiers are equipped with the best possible resources to meet the demands of modern warfare.

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