February 10 Market Close: GovCon Index Closes Up, Orbital ATK and Huntington Ingalls Join

GovConIndexUPThe GovCon Index gained 0.407 points to 68.524 Tuesday, a day that saw the close adjusted with the addition of two new government contracting firms to the Index.

Tuesday marked the Index’s first day of tracking new members Orbital ATK (NYSE: OA), the company formed out of the merger of ATK’s aerospace and defense groups with Orbital Sciences, and shipbuilder Huntington Ingalls (NYSE: HII).

The Dow Jones Industrial Average rose 139.55 points to 17, 868.76, the S&P 500 composite index gained 21.85 points to 2, 068.59 and the NASDAQ composite index climbed 61.63 points to 2, 787.65.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Healthnet   56.01   1.21   2.21%
  BAE Systems Inc.   31.89   0.68   2.18%
  CGI Group   42.24   0.86   2.08%
  McKesson   222.45   4.19   1.92%
  SAIC   51.38   0.74   1.46%

Market Summary

  Advancing Issues   23 (76.66%)
  Declining Issues     7 (24.33%)
  Unchanged Issues     0

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

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