December 8 Morning Report: GovCon Index Posts Gains at Friday’s Close

GovConIndexThe GovCon Index closed at 70.063 on Friday, an increase of 0.541 percent, or 0.386 points, from Thursday trading.

 

The Dow Jones grew 0.33 percent to close at 17, 958.79, the Standard & Poor’s 500 recorded a 0.02 percent gain to 2, 072.30 and the NASDAQ increased 0.11 percent to 4, 774.59.

Reuters attributed the positive trading Friday to a Labor Department report citing a three-year high for U.S. jobs figures in November.

Top Percentage Gainers

Company Stock Price $ Change % Change
 Northrop Grumman  147.69  7.85  5.61%
 CGI Group  36.71  0.67  1.86%
 Exelis  17.76  0.19  1.08%
 AECOM Technology  30.82  0.32  1.05%
 Leidos  43.47  0.39  0.91%

Market Summary

Advancing Issues 18 (36.66%)
Declining Issues 9 (30.00%)
Unchanged Issues 1 (0.03%)

The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

Check Also

Michael McHugh CEO DirectViz Solutions

DirectViz COO Michael McHugh Promoted to CEO

Michael McHugh, chief operating officer of DirectViz Solutions, has elevated to the CEO post at the Chantilly, Va.-based information technology engineering and professional services contractor.

MQ-4C Triton

Navy Plans Triton UAS Test Support Order for Northrop

The Department of the Navy plans to award Northrop Grumman’s (NYSE: NOC) aerospace systems business a delivery order to provide analysis support for demonstration activities involving the MQ-4C Triton unmanned aerial system.