V2X Stocks Surge 8.6% Following $170 Million Contract with DEA

V2X Inc., a national security service provider, saw its shares rise by 8.6% in pre-market trading following the announcement of a five-year, $170 million contract with the Drug Enforcement Administration (DEA). The contract aims to sustain support for the DEA's fleet of over 100 aircraft. Jeremy Wensinger, President and CEO of V2X, stated, "This award reflects the confidence in our team to provide high-impact solutions that enable the DEA to combat drug trafficking and safeguard national security." V2X operates globally with approximately 16,000 professionals and has a presence in various markets, including national security, defense, civil, and international sectors. The specific terms of the contract were not disclosed in the announcement.