RESTON, Va., June 3, 2026 /PRNewswire/ — V2X, Inc. (NYSE: VVX), today announced the successful repricing of its approximately $869 million First Lien Term Loan. The repricing improves the applicable interest rate to SOFR plus an applicable margin of 2.0%, with an additional 25 basis-point-reduction upon achieving specific corporate credit ratings of Ba3 (stable outlook) from Moody’s and BB (stable outlook) from S&P. The repricing also reduced the SOFR floor from 0.75% to 0.00%.
“This transaction immediately lowers our borrowing costs and positions us to realize interest savings as our financial profile continues to strengthen,” said Shawn Mural, Senior Vice President and Chief Financial Officer of V2X. “The repricing provides a 25-basis-point reduction in our applicable margin, with the opportunity for an additional 25-basis-point reduction upon achieving and maintaining specified credit ratings. These savings are expected to drive lower interest expense, enhance our cost of capital, and increase value for shareholders.”
With the closing on Friday May 29, 2026, V2X has now successfully repriced its First Lien Term Loan four times since October 2023.
About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.
Investor Contact Mike Smith, CFA Vice President, Treasury, Corporate Development and Investor Relations [email protected] 719-637-5773
RESTON, Va., June 3, 2026 /PRNewswire/ — V2X, Inc. (NYSE: VVX), today announced the successful repricing of its approximately $869 million First Lien Term Loan. The repricing improves the applicable interest rate to SOFR plus an applicable margin of 2.0%, with an additional 25 basis-point-reduction upon achieving specific corporate credit ratings of Ba3 (stable outlook) from Moody’s and BB (stable outlook) from S&P. The repricing also reduced the SOFR floor from 0.75% to 0.00%.
“This transaction immediately lowers our borrowing costs and positions us to realize interest savings as our financial profile continues to strengthen,” said Shawn Mural, Senior Vice President and Chief Financial Officer of V2X. “The repricing provides a 25-basis-point reduction in our applicable margin, with the opportunity for an additional 25-basis-point reduction upon achieving and maintaining specified credit ratings. These savings are expected to drive lower interest expense, enhance our cost of capital, and increase value for shareholders.”
With the closing on Friday May 29, 2026, V2X has now successfully repriced its First Lien Term Loan four times since October 2023.
About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.
Investor Contact Mike Smith, CFA Vice President, Treasury, Corporate Development and Investor Relations [email protected] 719-637-5773
The race to build permanent infrastructure on the Moon has a new and more serious player. Voyager Technologies (NYSE: VOYG), a Denver-based defense technology and space solutions company, announced Tuesday it has signed a definitive agreement to acquire Astrobotic Technology, the Pittsburgh-based commercial lunar logistics and robotics company, for up to approximately $300 million in a combination of cash and stock. The deal is expected to close by early July 2026, subject to customary regulatory approvals.
For a company that has been quietly assembling a full-stack lunar infrastructure portfolio, the Astrobotic acquisition is the piece that makes the entire architecture operational.
What Astrobotic Brings to the Table
Founded in 2007 as a Carnegie Mellon University spinout, Astrobotic has spent nearly two decades building the hardware, software, and operational expertise required to deliver payloads to the lunar surface reliably and repeatably. The company has secured more than $600 million in NASA and Department of Defense contracts and holds the distinction of having launched America’s first commercial lunar lander. Its core product portfolio includes the Peregrine lander for smaller payload missions, the Griffin lander for larger surface delivery operations, and LunaGrid, a solar power distribution system designed to provide sustained electricity on the lunar surface.
That last element matters as much as the landers. A permanent human presence on the Moon requires more than transportation. It requires power infrastructure that can sustain life, operations, and scientific activity across lunar day-night cycles that last approximately two Earth weeks each. LunaGrid is purpose-built for exactly that requirement.
Astrobotic’s Moon Base headquarters in Pittsburgh will become the center of Voyager’s lunar program following close, with the company’s facility in Mojave also continuing operations.
The Full Stack Voyager Is Building
The Astrobotic acquisition does not stand alone. Voyager has been executing a deliberate vertical integration strategy across the lunar infrastructure stack, and this deal slots directly into that roadmap. The combined company will now span lunar mission management, communications and propulsion, surface delivery through Peregrine and Griffin, surface power through LunaGrid, long-duration habitation through its prior strategic investment in Max Space’s expandable habitat architecture, dust mitigation through Voyager’s proprietary clear-dust repellent coating technology, and in-situ resource production.
That is a comprehensive end-to-end lunar capability assembled through targeted acquisitions rather than organic development alone. The strategic efficiency of that approach is notable for a company operating in the small cap space.
The acquisition directly supports NASA’s Artemis program and Administrator Jared Isaacman’s stated commitment to establishing a permanent American presence on the Moon by 2028. Astrobotic’s Griffin Mission One, recently designated NASA’s Moon Base II mission, is proceeding on schedule and will transition fully under Voyager at close.
Why This Deal Matters for Small Cap Space Investors
The commercial lunar economy is not a distant concept. It is a funded, contracted, timeline-driven government priority with hundreds of millions of dollars already flowing to companies like Astrobotic. What has been missing is the kind of vertically integrated commercial operator capable of managing every layer of a sustained lunar presence. Voyager is systematically becoming that operator.
With SpaceX’s June 12 IPO approaching at a targeted $1.75 trillion valuation and the broader space infrastructure sector attracting record institutional attention, consolidation among smaller space technology companies is accelerating. Voyager’s acquisition of Astrobotic is precisely the kind of strategic move that positions a small cap defense and space company for the contracts, partnerships, and government relationships that will define the commercial lunar economy over the next decade.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Raising Price Target. With VVX share moving north of our $72 price target, we are increasing our target to $92 while maintaining our Outperform rating. At our new price target, VVX shares would trade at 0.8x our projected 2026 revenue, 11x our projected 2026 adjusted EBITDA, and 15.5x our projected 2026 adjusted EPS. These multiples are in line with VVX’s key competitors. VX shares are up approximately 52% y-t-d, versus an 11% rise for the S&P 500.
Overhang Removed. With American Industrial Partners’ May 2026 sale of approximately 2 million VVX shares, the firm is essentially out of V2X shares, completing a two-year process as AIP liquidated its 61%+ ownership stake in V2X acquired in the merger of Vectrus and Vertex, removing an ongoing overhang of stock, in our view. An entity affiliated with Vertex Aerospace did, however, continue to beneficially own 375,420 shares, or approximately 1.2%, of V2X’s outstanding common stock following the most recent share sale.
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Stratasys Ltd. (Nasdaq: SSYS), a Minnesota and Israel-based leader in additive manufacturing solutions, announced Wednesday it has entered into a definitive agreement to acquire MarkForged, Inc. in an all-cash transaction valued at $42.5 million, subject to customary adjustments. MarkForged is currently a wholly owned subsidiary of Nano Dimension (Nasdaq: NNDM), which will retain MarkForged’s Metal Binder Jetting product line as part of the deal structure. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.
At $42.5 million for a business that generated approximately $70 million in revenue in 2025, the transaction reflects an implied revenue multiple of roughly 0.6 times trailing sales. Stratasys expects the deal to be accretive to gross margins and generate positive adjusted EBITDA contribution within the first year following close, though actual results may differ from these forward-looking projections.
What Stratasys Is Acquiring
MarkForged built its core technology around Continuous Carbon Fiber Fused Filament Fabrication, a manufacturing approach that enables production of parts that are lighter and stronger than traditional alternatives. Its integrated platform, the Digital Forge, combines 3D printing hardware, proprietary high-performance materials, and a software ecosystem that includes simulation, part management, and automated print optimization designed with security and compliance requirements in mind.
The acquisition adds a broad portfolio of high-performance polymer and metal filaments to Stratasys’ existing materials capabilities, expanding the combined company’s addressable market across aerospace, defense, automotive, and industrial production verticals. MarkForged’s partner and reseller network is also expected to generate cross-selling opportunities across both companies’ existing customer bases.
The Industry Context
The additive manufacturing sector has been undergoing consolidation as demand for production-grade 3D printing grows in defense and aerospace applications. Government agencies including the Air Force Research Laboratory, DARPA, and the Space Force have expanded procurement of components produced through additive manufacturing for tooling, fixtures, ground support equipment, and select production parts.
Supply chain resilience has emerged as a structural driver of this demand. The ability to produce certified, production-ready components digitally on demand reduces dependence on traditional global supply chains, a priority that has gained urgency across both commercial and defense manufacturing environments since 2020. Stratasys positions this acquisition as a response to that demand shift, strengthening its capabilities in sectors where performance, reliability, and manufacturing agility are operational requirements.
Key Risks to Monitor
As with any acquisition, execution risk exists. The successful integration of MarkForged’s operations, technology, and personnel into Stratasys is not guaranteed. Stratasys is itself a small cap company operating in a competitive and evolving technology sector. The additive manufacturing market continues to face headwinds including longer-than-anticipated enterprise adoption cycles, pricing pressure from emerging competitors, and macroeconomic factors that can compress capital equipment budgets at customer organizations. The projected synergies and EBITDA accretion within the first year are forward-looking estimates and may not materialize as projected.
Stratasys has indicated it will update its financial guidance following the closing of the transaction.
RESTON, Va., May 18, 2026 /PRNewswire/ — V2X, Inc. (NYSE: VVX) has been awarded a contract by the U.S. Navy’s Naval Air Systems Command to support the Large Aircraft Infrared Countermeasures (LAIRCM) program, a critical system designed to protect military aircraft from infrared-guided missile threats.
“LAIRCM is a vital capability that enhances aircraft survivability in contested environments,” said Jeremy C. Wensinger, President and Chief Executive Officer at V2X. “We are proud to continue supporting the U.S. Navy with proven expertise in aircraft modification, modernization, and mission system integration that directly contributes to warfighter safety and mission success.”
V2X was selected based on its demonstrated experience supporting complex aviation modification programs and is not only continuing this work but expanding its scope. Under the contract, V2X will integrate LAIRCM systems on multiple United States Marine Corps KC-130J aircraft at its modernization and integration center in Crestview, FL.
“Our Crestview modernization and integration center is a strategic differentiator that strengthens our ability to deliver innovative solutions for missions of today and tomorrow, and is regarded throughout the industry as a C-130 center of excellence after conducting hundreds of C-130 modifications over the past 10 years,” said Richard “Vinny” Caputo, Senior Vice President of Aerospace Systems at V2X. “The facility features a fully instrumented 8,000-foot runway with easy access for aircraft of all sizes. It also includes multiple high-bay hangars with more than 500,000 square feet of manufacturing, production, and assembly space.”
This award further reinforces V2X’s position as a provider of aircraft modification and survivability solutions for U.S. defense customers.
About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.
Investor Contact Mike Smith, CFA Vice President, Treasury, Corporate Development and Investor Relations [email protected] 719-637-5773
Rocket Lab USA (Nasdaq: RKLB) extended one of the more remarkable two-day runs in the commercial space sector on Monday, adding another 14% gain on top of Friday’s 30% surge following a blowout first quarter earnings report. The back-to-back move pushed shares to a new all-time high and left the stock up 70% on the year — a return that reflects both the strength of the company’s underlying business and a wave of investor enthusiasm for the commercial space sector being driven by the looming SpaceX IPO.
The earnings report that ignited Friday’s move was genuinely strong across every metric that matters for a company at Rocket Lab’s stage. First quarter revenue came in at $200.3 million, a 63.5% year-over-year increase, on a loss per share of $0.07 — a penny better than analyst expectations. Second quarter guidance was set at $232.5 million at the midpoint, approximately 12% above what the Street had modeled. For a company still burning cash as it scales toward profitability, the combination of accelerating revenue growth and a beat-and-raise quarter is exactly what investors needed to see.
The backlog figures are where the story gets particularly compelling. Total backlog reached $2.2 billion — up 20% in a single quarter and up 108% year-over-year. CEO Peter Beck disclosed that Rocket Lab booked 31 Electron and HASTE rocket missions during Q1, the most ever signed in a single quarter, bringing total launches in backlog across those programs to more than 70. The company also signed five new dedicated launches for Neutron, its larger next-generation rocket currently in development. A backlog growing at three-digit rates year-over-year is not a company running out of demand — it is a company struggling to build supply fast enough to meet it.
The business wins extend well beyond launch contracts. Rocket Lab was selected alongside defense contractor RTX to support the Department of Defense’s Space Based Interceptor program — providing both launch and satellite technology as part of President Trump’s Golden Dome missile defense initiative. That contract positions Rocket Lab squarely in the defense-space convergence that has been one of the most significant and durable spending tailwinds in the sector. The company also announced plans to acquire Motiv Space Systems, a robotics firm whose technology has been deployed on NASA Mars rover missions — a move that adds in-space robotics capabilities to Rocket Lab’s already expanding portfolio.
All of this is unfolding against a backdrop of accelerating investor interest in the commercial space sector broadly, catalyzed by the anticipated SpaceX IPO — expected as early as June 2026. SpaceX is not yet publicly traded, which means Rocket Lab has functioned as the go-to pure-play proxy for investors who want direct exposure to the commercial launch market. As SpaceX’s IPO timeline comes into focus, capital has been flooding into RKLB and adjacent names in anticipation.
The key question from here is whether the fundamentals can keep pace with the valuation expansion. At 70% year-to-date with all-time highs on the board, Rocket Lab is no longer a deeply discounted bet on an unproven business. It is a high-momentum, high-expectation growth story that will need continued execution — on Neutron development, defense contract delivery, and the Motiv integration — to justify where the market has taken it.
For small and microcap investors who have been in RKLB since its earlier, less recognized days: this is what the patient capital trade looks like when it works.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Strong 1Q. Kratos’s balanced business model of making internally funded investments and the rapid development and fielding of relevant products for the Department of War is producing positive results. The Company significantly exceeded the first quarter forecast across the board, with EBITDA being particularly strong as a result of execution and product delivery mix, with Kratos’ Microwave Electronics, Turbine Technologies, and Unmanned Systems businesses each having a particularly strong quarter.
1Q26 Results. Revenue of $371 million rose 22.6%, including 15.8% organic growth, over the same period last year. We were at $340 million. Adjusted EBITDA totaled $38.7 million, or a 10.4% margin, compared to $26.7 million and 6.6% in 1Q25. Our forecast was for $27 million. Net income was $11.9 million, or $0.07/sh, up from $4.5 million, or $0.03/sh, in 1Q25. Adjusted EPS was $0.16 in 1Q26, up from $0.12 last year. We were at $0.02 and $0.13, respectively.
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
PDF VersionOnce Complete, Kratos’ Arc Jet and Laser Facility’s Multi-Domain Test Capability is Expected to Accelerate Hypersonic Materials Development for Decades, Advancing U.S. Defense Infrastructure
SAN DIEGO, May 08, 2026 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in defense, national security, and global markets, announced today that it has selected Odon, Indiana, as the future home of its new mid-tier coupled arc jet and laser facility. The site selection represents a major milestone for Project Helios following the company’s prior announcement of award to design and build the new test capability.
After an extensive, multi-state review, Kratos determined that Odon, Indiana, best meets the technical and operational requirements for the Project. Kratos expresses its enthusiasm for joining the local community and contributing to the region’s growing role in the nation’s defense industrial base.
“This was a highly competitive process with several strong candidate locations,” said Michael Johns, Senior Vice President at Kratos. “Kratos continues to lean forward to support our critical defense infrastructure and partner with communities, like Odon, that share our passion for serving our nation. We deeply appreciate the support we received from local and state leadership throughout the selection process. Their commitment to fostering advanced technology development played a key role in this decision.”
Project Helios is driven by a set of core design priorities that advance both technical capability and national security objectives. The program provides a critical bridge between laboratory material development and fielded system applications, enabling more efficient transition of hypersonic materials into operational use. It expands the nation’s aerothermal testing bandwidth to support growing defense demands, while delivering higher-throughput, cost-effective evaluation at scale. At the same time, Project Helios reflects Kratos’ long-term commitment to collaboration, innovation, and investment in the infrastructure necessary to sustain and strengthen national defense capabilities.
The new facility is being designed to address critical gaps in the current U.S. test infrastructure by providing aerothermal testing for materials used on hypersonic systems at an accessible scale. Once complete, the Odon-based capability will complement existing national test ranges and increase access to vital material evaluation resources for all branches of the U.S. Armed Forces and Department of War.
“We are grateful for the outstanding partnership from Indiana’s leadership and our utility collaborators, including Utilities District of Western Indiana and Hoosier Energy,” said Dave Carter, President of Kratos’ Defense and Rocket Support Services Division. “Their proactive engagement was invaluable as we determined the best home for this critical capability, which we are excited to make available to the defense community. We look forward to a long and productive presence in the region.”
About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.
Notice Regarding Forward-Looking Statements Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 28, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Overview. V2X reported better-than-expected first-quarter results. Revenue increased 23% year-over-year to $1.25 billion, marking a record year-over-year organic growth rate for V2X. The growth was driven primarily by the ramp-up of training, foreign military sales, rapid prototyping, and engineering programs, as well as some discrete activities to support a national security customer.
1Q26 Results. Revenue came in at $1.254 billion, ahead of our $1.15 billion projection. Adjusted EBITDA of $85.6 million increased from $67 million last year and was above our $73.8 million projection. First quarter adjusted EPS was $1.53, up 55% year-over-year.
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Net income of $18.9 million; Adjusted net income1 of $48.1 million, up 53% year-over-year
Adjusted EBITDA1 of $85.6 million; Adjusted EBITDA1 margin of 6.8%
Diluted EPS of $0.60; Adjusted diluted EPS1 of $1.53, up 55% year-over-year
Record backlog1 of $13.8 billion, driven by 3.2x book-to-bill1 in the quarter
Increasing 2026 Guidance
Increasing full-year 2026 guidance with 9% revenue and adjusted EBITDA1 growth at the midpoint
RESTON, Va., May 4, 2026 /PRNewswire/ — V2X, Inc. (NYSE:VVX) today announced first quarter 2026 financial results, and increased guidance for full-year 2026.
“V2X delivered a strong start to 2026, with double-digit growth on both the top and bottom lines, underscoring our team’s disciplined execution and our organization’s alignment to national security priorities,” said Jeremy C. Wensinger, President and Chief Executive Officer. “We secured approximately 50 awards in the quarter totaling approximately $4.1 billion, driving total backlog1 to a record $13.8 billion and reinforcing our position as a leading provider of mission capabilities. We are increasing our full-year outlook given the momentum underway. Supported by our strong balance sheet, we will continue to prioritize investments that accelerate innovation across the enterprise and enhance global operations, to deliver differentiated outcomes for customers and greater value for shareholders.”
First Quarter 2026 Results
In the first quarter, V2X reported revenue of $1.25 billion, representing year-over-year growth of 23%. The Company reported solid topline growth and strong operating performance, yielding double-digit growth in adjusted net income1 and adjusted EPS1. Net income for the quarter was $18.9 million. Adjusted net income1 was $48.1 million, an increase of 53%, year-over-year. First quarter GAAP diluted EPS was $0.60. Adjusted diluted EPS1 for the quarter increased 55% year-over-year to $1.53.
V2X delivered adjusted EBITDA1 of $85.6 million, with a margin1 of 6.8%, representing an increase of 28%, from the prior year.
First quarter net cash used by operating activities was $129.9 million. Adjusted net cash used by operating activities1 was $22.1 million.
At the end of the first quarter, net debt for V2X was $895.4 million, representing an improvement of $77 million year-over-year and a 2.5x net leverage ratio1. The Company expects to achieve a net leverage ratio1 less than 2.0x by the end of 2026.
As of April 3, 2026, total backlog1 was $13.8 billion and funded backlog1 was $2.3 billion. Book-to-bill1 in the first quarter was approximately 3.2x. Trailing twelve-month book-to-bill1 was approximately 1.5x.
Increasing 2026 Guidance
The Company is increasing its 2026 guidance ranges as follows:
$ millions, except for per share amounts
Prior 2026 Guidance
Updated 2026 Guidance
Revenue
$4,675
$4,825
$4,825
$4,975
Adjusted EBITDA1
$335
$350
$345
$360
Adjusted Diluted Earnings Per Share1
$5.50
$5.90
$5.75
$6.15
Adjusted Net Cash Provided by Operating Activities1
$150
$170
$160
$180
The Company is not providing a quantitative reconciliation with respect to the foregoing forward-looking non-GAAP measures in reliance on the “unreasonable efforts” exception set forth in SEC rules because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. For example, unusual, one-time, non-ordinary, or non-recurring costs, which relate to M&A, integration and related activities cannot be reasonably estimated. Forward-looking statements are based upon current expectations and are subject to factors that could cause actual results to differ materially from those suggested here, including those factors set forth in the Safe Harbor Statement below.
First Quarter Conference Call Management will conduct a conference call with analysts and investors at 4:30 p.m. ET on Monday, May 4, 2026. U.S.-based participants may dial in to the conference call at 877-300-8521, while international participants may dial 412-317-6026. A live webcast of the conference call as well as an accompanying slide presentation will be available here: https://app.webinar.net/Q291YZzYJpN
A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through May 18, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10208314.
Presentation slides that will be used in conjunction with the conference call will also be made available online in advance on the “investors” section of the company’s website at https://gov2x.com. V2X recognizes its website as a key channel of distribution to reach public investors and as a means of disclosing material non-public information to comply with its obligations under the U.S. Securities and Exchange Commission (“SEC”) Regulation FD.
__________________________________ 1 See “Key Performance Indicators and Non-GAAP Financial Measures” for descriptions and reconciliations.
About V2X V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,200 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.
Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 (the “Act”): Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Act.
Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “could,” “potential,” “continue” or similar terminology. These statements are based on the beliefs and assumptions of the management of the Company based on information currently available to management. Forward-looking statements in this press release, include, but are not limited to our future performance and capabilities; all of the statements and items listed under “Increasing 2026 Guidance” above and other assumptions contained therein for purposes of such guidance; our belief that prior performance provides substantial visibility for future performance; market trends; product development; capital deployment; future net leverage ratio; and our belief that our innovation strategy, visibility, and targeted growth opportunities provide substantial opportunities for value creation.
These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside our management’s control, which could cause actual results to differ materially from the results discussed in the forward-looking statements. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Company’s historical experience and our present expectations or projections. For a discussion of some of the risks and uncertainties that could cause actual results to differ from such forward-looking statements, see the risks and other factors detailed from time to time in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the SEC.
We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
ATLANTA, April 29, 2026 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of science research and development, systems engineering and integration, and digital transformation and cyber security solutions to federal agencies, will release financial results for the fiscal second quarter ended March 31, 2026 on May 6, 2026 after the market closes. DLH will then host a conference call for the investment community at 10:00 a.m. Eastern Time the following day, May 7, 2026, during which members of senior management will make a brief presentation focused on the financial results and operating trends. A question-and-answer session will follow.
Interested parties may listen to the conference call by dialing 888-347-5290 or 412-317-5256. Presentation materials will also be posted on the Investor Relations section of the DLH website prior to the commencement of the conference call. A digital recording of the conference call will be available for replay two hours after the completion of the call and can be accessed on the DLH Investor Relations website or by dialing 1-855-669-9658 and entering the conference ID 6965160.
About DLH DLH (NASDAQ: DLHC) enhances technology, public health, and cyber security readiness missions through science, technology, cyber, and engineering solutions and services. Our experts solve some of the most complex and critical missions faced by federal customers, leveraging digital transformation, artificial intelligence, advanced analytics, cloud-based applications, telehealth systems, and more. With a world-class workforce dedicated to the idea that “Your Mission is Our Passion,” DLH brings a unique combination of government sector experience, proven methodology, and unwavering commitment to innovative solutions to improve the lives of millions. For more information, visit www.DLHcorp.com.
INVESTOR RELATIONS Contact: Chris Witty Phone: 646-438-9385 Email: [email protected]
SAN DIEGO, April 27, 2026 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the first quarter 2026 after the close of market on Wednesday, May 6th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).
The call will be available at www.kratosdefense.com. Participants may register for the call using this Online Form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. For those who cannot access the live broadcast, a replay will be available on Kratos’ website.
About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com
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