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October 10 Morning Report: GovCon Index Posts Friday, Weekly Decline on September Jobs Data


GovConIndexDOWNExecutive Mosaic’s GovCon Index registered a sharp 1.298-percent decline Friday to close at 79.859, going below 80 points for the first time since Sept. 21.

Northrop Grumman (NYSE: NOC), McKesson Corp. (NYSE: MCK) and Harris Corp. (NYSE: HRS) are the GCI’s only S&P 500-listed stocks to close green Friday.

The Index also posted its second consecutive weekly decline and is on course to drop for another week on September jobs data that fell below expectations.

Seven GCI stocks recorded gains for the week, led by KBR (NYSE: KBR) as the best percentage performer and Boeing (NYSE: BA) as the only co-listed company to advance.

Market Summary

IndexValueNet Change% Change
GovCon Index79.859-0.848-1.298%
S&P 5002, 153.74-7.03-0.33%
Dow Jones Industrial Average18, 240.49-28.01-0.15%
NASDAQ5, 292.85-14.45-0.27%
Advancing GovCon Index Issues5
Declining GovCon Index Issues25
Unchanged GovCon Index Issues0

Lowest GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▾% Change
HONHoneywell International Inc.*106.94-8.67-7.50%
CACICACI International101.37-2.41-2.32%
RTNRaytheon*136.78-1.47-1.06%
COLRockwell Collins82.73-1.45-1.72%
TXTTextron*38.49-1.42-3.56%

Lowest GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▾
HONHoneywell International*106.94-8.67-7.50%
NAVNavistar International22.63-1.06-4.47%
TXTTextron*38.49-1.42-3.56%
BAHBooz Allen Hamilton30.19-0.89-2.86%
EGLEngility Holdings30.40-0.89-2.84%

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
NOCNorthrop Grumman*215.43+1.22+0.57%
MCKMcKesson Corp.*165.82+1.07+0.65%
MANTManTech International38.65+0.42+1.10%
HRSHarris Corp.*92.62+0.34+0.37%
VECVectrus16.44+0.19+1.17%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
VECVectrus16.44+0.19+1.17%
MANTManTech International38.65+0.42+1.10%
MCKMcKesson Corp.*165.82+1.07+0.65%
NOCNorthrop Grumman*215.43+1.22+0.57%
HRSHarris Corp.*92.62+0.34+0.37%

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