V2X Reports Q3 2026 Revenue Growth and Increases Full-Year Guidance
V2X, Inc. (VVX) reported strong third-quarter results for 2026, with revenue reaching $1.27 billion, a 9% increase year-over-year. This growth was primarily fueled by significant expansions in engineering and mission readiness programs, particularly within the U.S. market which saw 30.6% year-over-year growth. The company also reported an adjusted diluted EPS of $1.64, up 19% from the previous year. Despite regional headwinds in the Middle East causing a decline in revenue there, V2X maintains a robust total backlog of $12.8 billion. Management has responded to strong performance by raising its full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS. While growth is expected to be modest in Q4 due to Middle East volume changes, the company's shift toward diversified contract types and increased R&D spending signals a focus on long-term technical capabilities.
Tickers: $VVX
Topics: Backlog Defense Spending EPS Government Contracting Revenue Growth