Bank of America says the defense contractor V2X is benefiting from a "scale and scope strategy coming to fruition." BofA upgraded the 11-year-old, Reston, Virginia-based manufacturer to buy from neutral on Wednesday, raising its price target to $65 per share from $55. The bank's forecast implies more than 19% upside from Tuesday's $54.56 close. V2X jumped 7% in early trading Wednesday, bringing its year-to-date gain to 22%. Analyst Mariana Perez Mora pointed to V2X recently winning a contract tied to the T-6 aircraft "as a key enabler of growth." "[W]e would expect to start to see full revenue contribution from the contract beginning in 2027. The predecessor contract (V2X won the current iteration as a takeaway) obligated ~$200-$300mn in funding annually," the analyst said. "We think this

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