V2X Secures $48.5 Million U.S. Army Contract for Advanced Battlefield Communications
2 Sources
2 Sources
[1]
V2X Secures $48.5 Million U.S. Army Contract to Enhance Battlefield Communications with Versatile Gateway Mission Router - V2X (NYSE:VVX)
MCLEAN, Va., July 22, 2024 /PRNewswire/ -- V2X, Inc. VVX announces the award of a $48.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, under the purview of the PEO Soldier portfolio, for the innovative Gateway Mission Router (GMR). The GMR creates a fully converged operational environment on the battlefield for our warfighters by seamlessly integrating information and assured communications across multiple domains. The contract spans four years and underscores V2X's commitment to delivering cutting-edge solutions in support of national defense. The GMR represents the pinnacle of rugged and cyber-hardened technology. Designed to facilitate real-time situational awareness, the GMR seamlessly integrates information from diverse sources across multiple domains, creating a fully converged operational environment on the battlefield. Offering platform independence, the GMR is adaptable for deployment across aviation and ground vehicle platforms, ensuring versatility and effectiveness in a variety of operational scenarios. "V2X's receipt of this contract marks a significant milestone in our ongoing partnership with the U.S. Army," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. "Our commitment to innovation and mission excellence enables us to deliver solutions like the Gateway Mission Router that enhance mission effectiveness and support our nation's defense objectives." V2X continues to expand its presence within the U.S. Army, with the integration of GMR across numerous platforms. The GMR family's wide-ranging flexibility positions it as a key enabler for the Department of Defense's Combined Joint All Domain Command and Control (CJADC2) initiative, demonstrating V2X's dedication to advancing modern warfare capabilities. About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission's lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today's toughest challenges across all operational domains. Media Contact Angelica Spanos Deoudes Director, Corporate Communications [email protected] 571-338-5195 Investor Contact Mike Smith, CFA Vice President, Treasury, Corporate Development and Investor Relations [email protected] 719-637-5773 SOURCE V2X, Inc. Market News and Data brought to you by Benzinga APIs
[2]
V2X Secures $48.5 Million U.S. Army Contract to Enhance Battlefield Communications with Versatile Gateway Mission Router
MCLEAN, Va., July 22, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announces the award of a $48.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, under the purview of the PEO Soldier portfolio, for the innovative Gateway Mission Router (GMR). The GMR creates a fully converged operational environment on the battlefield for our warfighters by seamlessly integrating information and assured communications across multiple domains. The contract spans four years and underscores V2X's commitment to delivering cutting-edge solutions in support of national defense. The GMR represents the pinnacle of rugged and cyber-hardened technology. Designed to facilitate real-time situational awareness, the GMR seamlessly integrates information from diverse sources across multiple domains, creating a fully converged operational environment on the battlefield. Offering platform independence, the GMR is adaptable for deployment across aviation and ground vehicle platforms, ensuring versatility and effectiveness in a variety of operational scenarios. "V2X's receipt of this contract marks a significant milestone in our ongoing partnership with the U.S. Army," said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. "Our commitment to innovation and mission excellence enables us to deliver solutions like the Gateway Mission Router that enhance mission effectiveness and support our nation's defense objectives." V2X continues to expand its presence within the U.S. Army, with the integration of GMR across numerous platforms. The GMR family's wide-ranging flexibility positions it as a key enabler for the Department of Defense's Combined Joint All Domain Command and Control (CJADC2) initiative, demonstrating V2X's dedication to advancing modern warfare capabilities. About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission's lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today's toughest challenges across all operational domains.
Share
Share
Copy Link
V2X, Inc. has been awarded a significant contract by the U.S. Army to enhance battlefield communications. The $48.5 million deal focuses on the development and deployment of versatile gateway systems for improved military connectivity.
V2X Lands Major U.S. Army Contract
V2X, Inc., a global leader in comprehensive critical mission solutions, has secured a substantial $48.5 million contract from the U.S. Army. The agreement, announced on July 6, 2023, tasks V2X with enhancing battlefield communications through the development and deployment of versatile gateway systems
1
.Contract Details and Objectives
The contract, set to span over a 54-month period, aims to bolster the Army's communication capabilities in challenging environments. V2X will be responsible for delivering advanced gateway systems that facilitate seamless connectivity across various communication platforms. These systems are designed to support the Army's Complex Operational Environment (COE) and its Integrated Tactical Network (ITN) architecture
2
.Technological Advancements
The gateway systems to be developed by V2X will incorporate state-of-the-art technologies, including Software Defined Radio (SDR) and Mobile Ad-hoc Networking (MANET). These innovations are crucial for enabling robust and flexible communication networks in dynamic battlefield scenarios. The systems will support a wide range of military communication standards, ensuring interoperability across different units and allied forces
1
.Impact on Military Operations
By implementing these advanced gateway systems, the U.S. Army aims to significantly enhance its command and control capabilities. The improved communication infrastructure will allow for more efficient coordination between ground troops, air support, and command centers. This enhanced connectivity is expected to lead to better situational awareness and more effective decision-making in complex operational environments
2
.Related Stories
V2X's Expertise and Track Record
V2X's selection for this critical contract underscores the company's reputation in the defense technology sector. With a history of delivering innovative solutions for military communications, V2X has positioned itself as a trusted partner for the U.S. Armed Forces. The company's expertise in integrating complex systems and its commitment to advancing military capabilities have been key factors in securing this significant contract
1
.Future Implications
This contract not only represents a substantial business opportunity for V2X but also signals the U.S. Army's continued investment in modernizing its communication infrastructure. As battlefield technologies evolve, the ability to maintain reliable and secure communications becomes increasingly critical. The successful implementation of these gateway systems could pave the way for further advancements in military networking and potentially influence future defense strategies
2
.References
Summarized by
Navi
Related Stories
Weekly Highlights
1
Anthropic Secures $13B in Funding, Reaching $183B Valuation Amid AI Industry Boom
Business and Economy
2
OpenAI Partners with Broadcom to Develop Custom AI Chips, Challenging Nvidia's Dominance
Technology
3
Tesla Proposes $1 Trillion Pay Package for Elon Musk, Tied to Ambitious AI and Robotics Goals
Business and Economy
Weekly Highlights
Explore today's top stories
Your Daily Dose of Curated AI News
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.
