Harris Corp. (NYSE: HRS) and Exelis (NYSE: XLS) both reported a jump of 1 percent following news that they are set to close the former’s acquisition of the latter on May 29 after securing approval from the Justice Department and Exelis shareholders.
The Dow Jones Industrial Average slipped  53.72 points to 18, 232.02, the Standard & Poor’s 500 composite index declined 4.75 points to 2, 126.07 and the NASDAQ composite index lost 1.43 points to 5, 089.36.
Top Percentage Gainers
 Company |  Stock Price |  $ Change |  % Change |
 Harris Corp. |   80.26 |   0.94 |  1.19% |
 ICF International |   36.42 |   0.33 |  0.91% |
  Intelsat |   10.48 |   0.09 |   0.87% |
  Exelis Inc. |   24.82 |   0.21 |   0.85% |
  Navistar |   28.18 |   0.20 |   0.71% |
Market Summary
 Advancing Issues |    8 (26.66%) |
 Declining Issues |  22 (73.33%) |
 Unchanged Issues |   0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.