Yes, that abomination is a sequel to the previous abomination. They are made by the same untruthful people with the same incompetence, twisted design approach, lack of taste, contempt for history and ideological indoctrination.
When the second game appeared, players finally noticed and protested because they know how WW2 should look like, contrary to WW1. And it is a worse game in general.
Storywise, there is no continuation in V but both campaigns are equally stupid. If you are looking for a "spiritual successor", try Call of Duty: Vanguard.