Latest news with #V2X
Yahoo
3 days ago
- Business
- Yahoo
This $1.5 Billion Defense Stock Just Won a $4.3 Billion Contract
Key Points V2X was formed from the merger of Vectrus and Vertex Aerospace in 2022. The defense stock has racked up some impressive multibillion-dollar contract wins over the last couple of years -- including one just last week. Analysts forecast surprisingly strong earnings growth from V2X, although it hasn't happened just yet. 10 stocks we like better than V2X › Raise your hand if you've ever heard of V2X (NYSE: VVX), the small-cap defense company formed from the merger of defense contractors Vectrus and Vertex Aerospace in 2022? Yep. That's about what I expected. Even among investors, V2X is the farthest thing from a household name. But it's a name defense investors in particular might want to start paying attention to. Because on July 31, V2X scored a new Pentagon defense contract worth $4.3 billion -- and V2X itself costs only $1.8 billion. Introducing V2X I admit, the first time this company caught my eye was on July 31, when the company's name (or rather, one of its component companies, Vertex) appeared at the very top of the list of the most valuable contracts awarded by the U.S. Department of Defense that day. "Vertex Aerospace LLC, Madison, Mississippi, was awarded a maximum $4,322,844,989 value, indefinite-delivery/indefinite-quantity contract for the contractor operated and maintained supply service contract for the T-6 [training jet] aircraft," read the announcement, before going on to explain that V2X beat out two other bidders to win the contract, and that the $4.3 billion will be doled out over the course of the next 10 years (ending on July 31, 2034). Further digging revealed that this isn't the only gigantic contract on V2X's plate, however. In fact, just last year, my fellow Fool Eric Volkman spotlighted a similarly significant win by V2X, when the company landed a $3.7 billion, five-year contract to provide "readiness capabilities" to the U.S. Army, by supporting the operation of training devices, simulators, and simulations. In fact, averaging out to $740 million per year, that contract is arguably even more significant than last week's $4.3 billion win, which will be worth "only" $430 million per year over its decade duration. "A billion here, a billion there -- pretty soon you're talking real money" So... $4.3 billion here, and $3.7 billion there. It seems to me we're already talking about "real money" that V2X is earning off the Pentagon -- $8 billion total, won via just two contracts, over the course of just two years. But if V2X is rolling in so much Defense Department dough, one wonders, why is it that the stock looks so seemingly cheap at a market capitalization of just $1.8 billion? Is V2X stock cheap? Well, let's start with sales. V2X took in $4.3 billion in revenue last year, up 9% from 2023 -- a respectable growth rate for a defense contractor, if perhaps a bit on the slow side for a small-cap defense contractor. What's more, V2X earned less than $35 million in profit on those sales. That's a net profit margin of less than 1%. Which is to say, pretty slim. If we apply this margin, then, to the extra $430 million a year V2X will be bringing in from its latest multibillion-dollar contract win, therefore, it's likely to boost V2X's annual earnings by less than $10 million. That's not a lot of money with which to move the needle on a $1.8 billion market capitalization. Is V2X stock a buy? Now, the good news is that V2X seems to be getting more profitable as its merger matures, and cost synergies between the two merged businesses, Vectrus and Vertex, work their way through the company. Over the last six months, for example, V2X earned $30.5 million, which is to say nearly as much as it earned in all of 2024. As profitability improves, analysts polled by S&P Global Market Intelligence estimate V2X might earn as much as $73 million this year, and generate $135 million in positive free cash flow. Assuming the analysts are right, this would value V2X stock at 24 times current-year earnings, but only about 13 times current year free cash flow. That doesn't sound like a lot, but with profits only growing 9% a year, and V2X paying no dividend, it's not necessarily cheap enough to tempt me to buy the stock right now. The big question for investors is whether V2X can continue improving its profit margin, and perhaps accelerate its earnings growth into the double digits. Many analysts believe the company can accomplish this, forecasting that per-share profits, for example, might double over the next three years -- and that free cash flow might nearly double in two. I don't know enough about the company right now to say how likely this is, but now that I'm alerted to V2X's existence -- and impressed by its last two massive contract wins -- I'm certainly interested enough to keep following the story, and learning if V2X can deliver on these lofty predictions. And as soon as I know the answer to that... I'll let you know, too. Should you invest $1,000 in V2X right now? Before you buy stock in V2X, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and V2X wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This $1.5 Billion Defense Stock Just Won a $4.3 Billion Contract was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
02-08-2025
- Automotive
- Yahoo
Eaton and ChargePoint Establish Industry-First EV Charging Partnership
ChargePoint Holdings, Inc. (NYSE:CHPT) is among the 12 Best EV Charging Stocks to Buy According to Hedge Funds. ChargePoint Holdings, Inc. (NYSE:CHPT) and Eaton have established a strategic partnership to accelerate the development of electric vehicle charging infrastructure in the United States, Canada, and Europe. A close up of an Electric Vehicle charging station, emphasizing the innovative technology. The collaboration will provide turnkey EV charging solutions that incorporate chargers, electrical infrastructure, and technical services to facilitate electrification in the public transportation, workplace, fleet, and residential sectors. This partnership is the first of its kind in the industry and will speed up vehicle-to-everything (V2X) innovation, such as bidirectional power flow, which will make it possible for EVs to power buildings and houses. According to ChargePoint Holdings, Inc. (NYSE:CHPT) CEO Rick Wilmer, the collaboration addresses major challenges to electric transportation and strengthens the company's position as a provider of the entire EV ecosystem. Eaton, a reputable power management leader, contributes extensive knowledge of the energy transition. The collaboration will streamline infrastructure design, lower costs, improve site power, and ensure dependability. ChargePoint Holdings, Inc. (NYSE:CHPT)'s cloud platform will oversee infrastructure and EV integration, promoting decarbonization on a large scale. It is ranked eighth on our list of the Best EV Stocks. While we acknowledge the potential of CHPT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Sign in to access your portfolio
Yahoo
21-07-2025
- Business
- Yahoo
V2X, Inc. (VVX) Receives Foreign Military Sales Contract To Support Iraq's F-16 Program
V2X, Inc. (NYSE:VVX) is among the 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. On June 30, the company announced that it had received a new foreign military sales contract to support Iraq's F-16 program. The initial contract is valued at $118 million to support an immediate start with full definitization before the end of the ongoing calendar year. The full period of the contract is expected to be five years. Work includes comprehensive base operations and life support services, among other operations. Ken Shreves, Senior Vice President of Mission Support at V2X, Inc. (NYSE:VVX) stated the following at the award: 'We are honored to have been selected to deliver this critical strategic capability to the Iraqi Air Force in this high-stakes environment.' Jeremy C. Wensinger, President and CEO, added: 'This award reflects our ability to leverage a broad portfolio of capabilities and our global footprint into larger and more strategic opportunities. Foreign military sales and international markets represent a significant and growing area of opportunity for V2X.' V2X, Inc. (NYSE:VVX) is a leading provider of critical mission solutions and support services to defense clients in over 50 countries and territories. While we acknowledge the potential of VVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Associated Press
03-07-2025
- Automotive
- Associated Press
Miovision Sets New Standard in V2X Innovation with Global Expansion and Smart Mobility Solutions
Miovision, a global leader in Vehicle-to-Everything (V2X) technology, is transforming the way cities approach connected mobility. With solutions deployed at over 70,000 intersections across eight countries, the company is helping to build safer, smarter, and more efficient transportation networks. Breakthroughs like the White Alert System are driving real-world impact, advancing the way vehicles, infrastructure, and people interact on city streets. 'We're not just building solutions for today's transportation challenges—we're defining a future where safety, sustainability, and seamless mobility intersect,' said Kurtis McBride, CEO of Miovision. 'By integrating V2X technology with our promise of innovation, our team is empowering cities every day to create environments where people and vehicles coexist harmoniously.' Unparalleled Innovation in V2X Technology Miovision's White Alert System recently earned top honors in the U.S. Department of Transportation's Intersection Safety Challenge for its real-time detection of potential collisions. Designed to protect vulnerable road users (VRUs), the system helps prevent crashes before they happen, supporting Miovision's broader mission to eliminate traffic-related fatalities. By applying smart, responsive technology to city intersections, Miovision is helping make urban mobility safer and more efficient. Key offerings, such as the Personal Signal Assistant, provide drivers with real-time traffic signal updates, optimizing speed and reducing stop-and-go driving. These innovations have proven their potential to deliver measurable results, including reducing congestion by 15% and cutting collision risks by 20%. Global Reach, Local Impact Miovision's V2X solutions serve as the backbone of smart city initiatives, empowering urban planners, transportation engineers, and policymakers with tools that integrate seamlessly with existing infrastructure. From North America to Europe, cities are turning to Miovision to enhance traffic flow, improve safety, and advance their sustainability initiatives. The company's adaptable platform aligns with public policy objectives while supporting the growing demand for connected and autonomous vehicle infrastructure. 'Whether it's empowering a city in Austin, Texas, to achieve data-driven mobility solutions, or driving smarter, sustainable traffic strategies in Munich, Germany, Miovision is the global partner cities rely on,' added McBride. Defining the Future of Mobility With the global V2X market projected to grow from $800 million in 2020 to $15 billion by 2027, Miovision is helping cities of all sizes tap into this momentum. By deploying scalable and cost-effective technologies, the company ensures accessibility for cities with varying budgets and infrastructure capabilities. With this impressive growth trajectory, the V2X (Vehicle-to-Everything) market is poised to revolutionize the interaction between vehicles, infrastructure, and pedestrians, paving the way for smarter, safer, and more efficient transportation systems. Miovision is driving this evolution by developing innovative solutions that not only enhance traffic management but also enable data-driven decision-making for cities. By combining advanced AI, connectivity, and real-time analytics, it empowers municipalities to optimize traffic flow, reduce congestion, and improve overall road safety, making the promise of smart cities a tangible reality for communities worldwide. Miovision's focus on precision, adaptability, and transparent data continues to shape the future of urban mobility, making the smart city vision real for communities worldwide. With its bold innovations and global reach, they continue to raise the bar for what's possible in V2X technology. For more information about Miovision and its groundbreaking V2X solutions, visit About Miovision Miovision is a global leader in intelligent traffic management solutions, empowering cities to enhance road safety, reduce congestion, and foster sustainable urban environments. Since its founding in 2005, Miovision has been at the forefront of innovation, delivering data-driven insights and scalable solutions to transform today's mobility challenges into tomorrow's seamless journeys. With its cutting-edge V2X technology deployed across 70,000 signalized intersections worldwide, Miovision continues to redefine urban transportation. Media Contact Company Name: Miovision Contact Person: Dina Guttensohn Email: Send Email Country: Canada Website: Source: Brand Push
Associated Press
02-07-2025
- Automotive
- Associated Press
Miovision is Unlocking $56 Billion in Productivity with Next-Gen Traffic Solutions
Gridlock isn't just frustrating; it's draining the economy. With $56 billion lost annually to traffic congestion in Ontario alone, Miovision is rewriting the rulebook on urban mobility. By harnessing cutting-edge V2X (Vehicle-to-Everything) technology, Miovision is helping cities reclaim billions in lost productivity, reduce traffic bottlenecks, and pave the way for smarter, safer streets. 'Time is money, and both are being wasted on outdated traffic systems,' said Kurtis McBride, CEO of Miovision. 'Our solutions are proving that smarter intersections lead to thriving cities—not decades from now, but today.' The Goal: Smoother, More Efficient Traffic Flow Miovision's powerful suite of tools, including I2X-ready technology, is creating real results where it matters most. By using advanced analytics and real-time data, these integrated systems not only keep cars moving but optimize public transit and emergency services. Recent deployments have slashed congestion by up to 15% while cutting collision risks by 20%. The company's cost-effective solutions integrate with existing infrastructure, meaning cities can see immediate returns without hefty overhauls. With these tools, urban centers are unlocking economic gains while delivering measurable and immediate improvements to everyday life. Leading the Charge Towards Connected Cities Congestion doesn't just waste time; it suffocates economies. Miovision is stepping up to tackle this challenge head-on, turning inefficiency into opportunity. By seamlessly integrating with municipalities' road networks, technology transforms outdated intersections into high-performance hubs for data, safety, and flow. From mid-sized cities to major metropolitan areas, Miovision's solutions are designed to solve today's challenges and anticipate the demands of tomorrow. 'Traffic shouldn't stand in the way of a city's progress,' added McBride. 'Every intersection equipped with Miovision technology represents another step toward economic resilience and smarter mobility.' The Moment to Act is Now With North America's urban centers facing growing congestion costs, Miovision is calling on cities to act. Backed by success stories and scalable solutions, the company is offering municipalities the tools they need to optimize traffic flows, reduce emissions, and bring people and goods to destinations faster. The road to smarter cities starts today. For more information about Miovision and its groundbreaking V2X solutions, visit About Miovision Miovision is a global leader in intelligent traffic management solutions, empowering cities to enhance road safety, reduce congestion, and foster sustainable urban environments. Since its founding in 2005, Miovision has been at the forefront of innovation, delivering data-driven insights and scalable solutions to transform today's mobility challenges into tomorrow's seamless journeys. With its cutting-edge V2X technology deployed across 70,000 signalized intersections worldwide, Miovision continues to redefine urban transportation. Media Contact Company Name: Miovision Contact Person: Dina Guttensohn Email: Send Email Phone: 1-877-646-8476 Country: Canada Website: Source: Brand Push
