V2X Granted $3.7 Bln Task Order To Lead Next-Gen Readiness And Training For U.S. Army

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V2X Granted $3.7 Bln Task Order To Lead Next-Gen Readiness And Training For U.S. Army

(RTTNews) - V2X, Inc. (VVX) announced Wednesday that its was granted a $3.7 billion five-year mission critical contract to provide readiness capabilities to the U.S. Army worldwide under the Warfighter-Training Readiness Solutions (W-TRS) task order.

At the heart of this initiative is the mission enablement services for the Army's expansive network of Training Aids Devices Simulations and Simulators (TADSS).

V2X will provide a flexible enterprise solution that will seamlessly support hundreds of thousands of these critical devices worldwide, evolving warfighter training needs.

For decades, V2X has partnered with the U.S. Army at two of its four Combat Training Centers: the National Training Center in Fort Irwin, California, and the Joint Multinational Readiness Center in Germany.

As the premier mission solution partner for the Army, V2X ensures readiness across all global theaters, reinforcing the nation's defenses during both peacetime and active operations.

टैग: VVX
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V2X Appoints Jeremy Wensinger To Succeed Chuck Prow As President And CEO

V2X Appoints Jeremy Wensinger To Succeed Chuck Prow As President And CEO

V2X, Inc. (VVX), a leading provider of global mission solutions, announced Monday that Jeremy Wensinger has been appointed President, Chief Executive Officer and a member of the company's Board of Directors, effective as of June 17, 2024. Wensinger is succeeding Chuck Prow.
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New Zealand Retail Sales Data Due On Monday

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U.S. Dollar Drops After Powell's Speech

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The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
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TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

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The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
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Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

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Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
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Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

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Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
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Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
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