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V2X Awarded Position With U.S. Air Force On Training Systems Acquisition IV Program
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(RTTNews) - V2X, Inc. (VVX) announced Wednesday it was awarded a position on the Training Systems Acquisition IV (TSA IV) program with the United States Air Force.
The multiple award, indefinite-delivery/indefinite-quantity contract vehicle is valued up to $32.5 billion over ten-years, including all option periods.
The contract aids in the development, installation, and long-term support of cutting-edge training systems designed for aircrew, maintenance personnel, and system-specific training. These systems are instrumental in enhancing global warfighter training efforts.
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V2X Granted $3.7 Bln Task Order To Lead Next-Gen Readiness And Training For U.S. Army
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.
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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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China Industrial Output Growth Tops Expectations; Retail Sales Disappoint
China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
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Thai Downgrades GDP Growth Outlook
Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
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European Shares Likely To Drift Lower On Concerns About US Debt
European stocks may open on a sluggish note Monday after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.
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Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products
Hayward, California-based Fijian Import & Export Co. Inc. is recalling around 127 pounds of ready-to-eat meat pie products from Australia that were not presented for import reinspection upon entry into the United States, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The recall involves 5.6-oz. plastic packages...
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Sensex, Nifty Marginally Lower As IT Stocks Drag
Indian shares were flat to slightly lower on Monday, with IT stocks leading losses after a U.S. credit rating downgrade.
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Australian Market Halves Early Losses In Mid-market
The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
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