financetom
Business
financetom
/
Business
/
V2X Gets $75 Million in Awards for Global CBRN Threat Detection, Decision Support Systems Improvement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
V2X Gets $75 Million in Awards for Global CBRN Threat Detection, Decision Support Systems Improvement
May 1, 2024 1:02 PM

03:56 PM EDT, 05/01/2024 (MT Newswires) -- V2X (VVX) said Wednesday it was awarded $75 million from the US military to advance threat detection and response for chemical, biological, radiological, and nuclear hazards.

V2X said $50 million of the funding is allocated for a five-year project establishing the company as the primary systems integrator for the CBRN Support to Command and Control program.

The company is also wrapping up a $25 million award to "modernize and re-architect" the CBRN threat warning and notification application, and predictive hazard propagation tools to improve operational decision support.

Both CBRN initiatives are crucial for advancing the Department of Defense's vision for Combined Joint All-Domain Command and Control, the company said.

V2X shares rose 2.5% in recent trading Wednesday.

Price: 49.79, Change: +1.22, Percent Change: +2.50

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IMAX Delivers $31 Million in Ticket Sales From Latest 'Mission: Impossible' Film
IMAX Delivers $31 Million in Ticket Sales From Latest 'Mission: Impossible' Film
May 27, 2025
09:15 AM EDT, 05/27/2025 (MT Newswires) -- IMAX ( IMAX ) said Tuesday the latest installment of the Mission: Impossible film franchise delivered $31 million in ticket sales in the IMAX ( IMAX ) global network through Monday, which is 14.2% of the film's global box office. Mission: Impossible - The Final Reckoning posed the biggest IMAX ( IMAX )...
Trump Media to raise $2.5 billion to fund bitcoin treasury
Trump Media to raise $2.5 billion to fund bitcoin treasury
May 27, 2025
May 27 (Reuters) - Trump Media and Technology Group ( DJT ) has entered into agreements with institutional investors to raise about $2.5 billion for the creation of a bitcoin treasury, U.S. President Donald Trump's social media firm said on Tuesday. ...
NeuroPace Says Epilepsy Trial Meets Safety Goal, Misses Overall Efficacy Target
NeuroPace Says Epilepsy Trial Meets Safety Goal, Misses Overall Efficacy Target
May 27, 2025
09:15 AM EDT, 05/27/2025 (MT Newswires) -- NeuroPace ( NPCE ) said Tuesday that initial one-year results from its study evaluating the RNS system in idiopathic generalized epilepsy met the primary safety target but failed to achieve statistical significance for its primary effectiveness target in the full trial population. The company said safety outcomes were consistent with earlier findings. However,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved