Why Aerospace And Defense company V2X Shares Are Taking Off Toady



Shares of aerospace and defense company V2X Inc (NYSE:VVX) are trading higher after it reported a fourth-quarter FY23 sales growth of 6.4% year-on-year to $1.04 billion, beating the analyst consensus estimate of $1.01 billion.

The company reported revenue growth of 31% in the Pacific and 18% in the Middle East. Operating income for the quarter was $38.5 million, while adjusted operating income was $76.2 million.

Adjusted EBITDA for the fourth …

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