# V2X raises its adjusted cash forecast Revenue rose 9% in the third quarter, while nine-month operating cash flow was negative. V2X's higher cash forecast uses an adjusted measure. Published 2026-11-02 by TGOs. Canonical: https://tgos.io/news/2026/11/02/v2x-raises-its-adjusted-cash-forecast/ V2X raised its full-year 2026 guidance across all metrics on Nov. 2.[1] Third-quarter revenue was $1.27 billion, up 9% from a year earlier.[1] President and CEO Jeremy C. Wensinger attributed the guidance increase to year-to-date performance, backlog and existing demand signals.[1] V2X states its cash forecast on an adjusted basis, and the adjustments change the picture of its year so far.[1] Operations generated $67.3 million in the third quarter.[1] For the nine months through Oct. 2, operations used $41.0 million.[1] Adjusted operating cash flow for that period was positive $111.5 million.[1] The adjustments added back $141.1 million of activity under a facility V2X calls MARPA, which the release does not describe.[1] They also added back $11.5 million of mergers and acquisitions, integration and related payments.[1] V2X now forecasts full-year adjusted operating cash flow of $175 million to $195 million.[1] ## Why it matters By our calculation, V2X's revised forecast implies approximately $63.5 million to $83.5 million in fourth-quarter adjusted operating cash flow.[1] Even the low end exceeds the third quarter's adjusted $61.8 million.[1] ## Sources 1. V2X Exhibit 99.1, third quarter 2026 results (SEC 8-K, Nov. 2, 2026)