Shares of V2X, Inc. (NYSE: VVX) surged 6% in pre-market trading on Tuesday, building on a 7.44% after-hours gain on Monday, following the release of its impressive second-quarter financial results that significantly exceeded analyst expectations. The defense contractor demonstrated robust performance across key financial metrics and raised its full-year earnings guidance, instilling confidence in investors.

V2X reported quarterly adjusted earnings per share of $1.33, dramatically outperforming the analyst consensus estimate of $0.33 by 303%. This represents a substantial 59% year-over-year increase from $0.83 per share in the same period last year. Revenue for the quarter reached $1.08 billion, surpassing the expected $1.05 billion. The company's adjusted EBITDA came in at $82.4 million, beating the estimate of $71.7 million, while adjusted operating income reached $77.3 million, significantly above the expected $39.2 million.

Adding to the positive momentum, V2X announced two significant developments that further bolstered investor enthusiasm: a $100 million share repurchase authorization and a substantial $4.3 billion T-6 program award. In light of these strong results, V2X raised its 2025 adjusted EPS guidance to $4.65-$4.95, up from the previous range of $4.45-$4.85. The impressive quarterly performance, coupled with the positive announcements and raised guidance, appears to be driving the significant pre-market stock price increase, as investors are encouraged by V2X's ability to execute on its strategy and deliver strong financial results in the competitive defense contracting sector.