V2X, Inc.

Thank you for joining us for the V2X second quarter 2024 earnings conference call and webcast. Today's call is being recorded. My name is Megan and I'll be the operator for today's call. At this time, all participants have been placed in a listen-only mode. Following management's presentation, I will open up the call for a Q&A session. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. And now I'll pass the call over to your host, Mike Smith, Vice President of Treasury, Investor Relations, and Corporate Development at V2X.

Thank you. Good morning, everyone. Welcome to the V2X Second Quarter 2024 Earnings Conference Call. Joining us today are Jeremy Wensinker, President and Chief Executive Officer, and Charles Morales, Senior Vice President and Chief Financial Officer. Slides for today's presentation are available on the Investor Relations section of our website, gov2x.com. Please turn to slide two. During today's presentation, management will be making forward-looking statements pursuant to the safe harbor provisions of the federal securities laws. Please review our safe harbor statements in our press release and presentation materials for a description of some of the factors that may cause actual results to differ materially from the results contemplated by these forward-looking statements. The company assumes no obligation to update its forward-looking statements. In addition, in today's remarks, we will refer to certain non-GAAP financial measures because the manager believes such measures are useful to investors. You can find a reconciliation of these measures to the most comparable measure calculated and presented in accordance with GAAP on our slide presentation and in our earnings release, followed with the FCC, both of which are available on the investor relations section of our website. At this time, I'd like to turn the call over to Jeremy.

Thank you, Mike, and good morning, everyone. Thank you for joining us today. Before I get started, I'd like to thank 16,000 B2X employees for their warm welcome. I am honored to be part of the organization that is supporting some of the most important missions around the globe and plays such a critical role in our national security. Please turn to slide three. B2X reported record quarter two revenue of $1.1 billion, increasing 10% year over year. Growth was driven by the company's continued momentum in the Pacific and Middle East. Adjusted EBITDA margin in the quarter was 6.7%, and adjusted diluted EPS was 83%. The demand for our mission-oriented full lifecycle solutions remained strong and was demonstrated through several recent awards valued at over $4 billion. This includes a production award for our Gateway mission routers, an award from NASA valued at $265 million, the award of the Adversarial Aircraft Program, named F5, at $747 million, and finally, a $3 billion-plus award to deliver next-generation readiness. Given our year-to-date performance, backlog, and awards, we are raising our 2024 revenue guidance and reaffirming our adjusted EBITDA, EPS, and net cash from operations. Please turn to slide four, where I will further discuss recent notable awards. Our focus on providing mission-based technology solutions that enable assured communications is yielding results. This was exemplified in approximately $280 million of recent awards, which are listed on the left-hand side of the slide. First, V2X secured a $49 million award to provide enhanced communications across multiple domains with the Gateway Mission Router, or GMR. The GMR is a cyber-hardened technology designed to facilitate real-time situational awareness. It seamlessly integrates information and assured communications, creating a truly converged operational environment. GMR has broad applicability across numerous aviation and ground platforms, and we believe offers opportunity for growth beyond this initial award. As such, we are continuing to enhance and invest in the solution to provide even greater advanced processing capabilities at lower size, weight, and power. Additionally, we believe GMR is positioned to be a key enabler for the Department of Defense Combined Joint All-Domain Command and Control, or JADC2, initiative. JADC2 is a DoD concept, and it connects disparate systems into the Internet of Military Things, creating a common operational picture, making information accessible anywhere, anytime, for rapid decisions. Next, D2X is delivering assured communications to the U.S. Navy while further expanding its footprint in the Pacific. Our new five-year, $88 million Naval Computer and Telecommunications Pacific Award, also known as NICTAMS, will provide vital C4I support to over 700 U.S. and allied forces across the Pacific and Indian Oceans. Our five-year, $141 million fleet systems engineering team program will continue to deliver end-to-end C4I systems engineering solutions that are integral to the communications and readiness of the U.S. Navy ships. FSET ensures that no U.S. Navy strike group deploys without V2X. Moving to the center of the slide, V2X continues to be a leader in providing global solutions to our customers' most critical and high-impact missions. This market strength was recently demonstrated through approximately $1 billion of awards, which includes our nine-year award to support the NASA Operations and Preparedness for Human Spaceflight Mission at the Johnson Space Center. Specifically, V2X will assist NASA in preparing for the upcoming Artemis II mission by ensuring the reliability of the integrated hardware and software systems at the Neutral Buoyancy Laboratory. additionally we are currently phasing in the new eight-year f5 program which is enabling the advanced training of u.s naval pilots are providing readiness to the f5 aircraft that mimics current threat aircraft lastly and moving to the right hand side of the slide b2x is harnessing its capabilities to deliver next generation readiness solutions for customers For example, the company recently secured an award valued at $3-plus billion over five years to enable full-spectrum readiness. This award is representative of the capability synergies that can be generated by V2S. This award leveraged the legacy and breadth of the combined company. This includes readiness support, ability to operate large complex programs, and the insertion of technologies such as smart warehousing, 5G, and logistics tools. Combining this robust set of capabilities with the insertion of artificial intelligence and a differentiated tool suite allowed V2X to submit a unique proposal. This is just one example of our combined capabilities that can be leveraged to win. Now I'd like to turn the call over to Sean for a review of the financials. Sean?