V2X Wins $324M Navy Base Operations Support Contract

V2X (NYSE: VVX) has won a potential $324.2 million contract from the U.S. Navy to provide base operations support services at Naval Station Guantanamo Bay in Cuba.

The Naval Facilities Engineering Systems Command Southeast in Jacksonville, Florida, received two offers for the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday.

The fixed-price-award-fee IDIQ contract has a base period valued at approximately $41.3 million and seven option terms.

Work will occur in Guantanamo Bay through November 2024.

The service will finance individual task orders using Navy, Army, defense agencies operation and maintenance funds and Defense Health Program funds for fiscal year 2024.

V2X was formed through the Vectrus-Vertex merger in 2022.

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