Not how it works. The (V)1 is the first upgrade. E.g. for the legacy F-15 unit, you can see that the (V)1 does not come out until the 1990s:
![]()
AN/APG-63 radar family - Wikipedia
en.wikipedia.org
No, there's APG-77, then an upgrade called APG-77(V)1. If there are significant changes after that, we would see a (V)2, but we don't.
The (V)1 was ordered in 2005 with Lot 5 and introduced in 2007. It's basically the main serial production version. There has been no significant upgrade since then. A new TRM was introduced sometime after 2015, but the USAF has decided to wait for better tech 'cause they were busy throwing money at the F-35. It's also why Gen Hostage was busy shouting about upgrading the F-22 to maintain relevance.
Recall that story about the APG-77 planned to be upgraded to 400Km detection against 1m2 using narrow beams? Yeah, that upgrade didn't happen. It was too expensive relative to the capability boost. Or we would see the (V)2 moniker right about now.
I'm guessing the USAF prefers a GaN upgrade instead. The F-22 and F-35 may even share the APG-85 derived tech. Perhaps the APG-85 itself was derived from an unknown GaN radar for the F-22.