V2X lands up to $747M Navy contract

V2X has received an up to $747 million U.S. Navy contract to maintain F-5 supersonic fighter jets used in military training exercises, the McLean-based Fortune 1000 aerospace and defense contractor announced Monday.

Under the single-award, indefinite-delivery, indefinite-quantity contract, V2X will be responsible for providing critical support and operational readiness of the F-5 aircraft, which the Navy and Marine Corps use to train pilots by simulating air-to-air combat and adversary combat tactics. Falls Church-based Fortune 500 defense contractor Northrop Grumman manufactured the aircraft.

“We are honored to have been selected for this critical endeavor, further solidifying our dedication to providing industry-leading support for our nation’s defense,” V2X President and CEO Jeremy C. Wensinger said in a statement. “We look forward to leveraging our expertise and capabilities to ensure the operational excellence of the F-5 aircraft and, by extension, the readiness of the U.S. Navy and Marine Corps.”

Work is expected to continue through November 2028 on the base contract, although there are three one-year options that could extend the contract through November 2031.

V2X formed in 2022 from the $2.1 billion merger of Colorado-based government contractor Vectrus and Mississippi-based The Vertex Co. The company reported $3.96 billion in 2023 revenue and has about 16,000 employees.