Hello, Guest!
  • Thursday, April 18, 2024

September 8 Morning Report: GovCon Index to Open at 70.966 after Friday Loss


GovConIndexDOWNThe GovCon Index declined 1.372 percent to 70.966 Friday as U.S. markets also fell on continued uncertainty over Federal Reserve interest rate increases.

Health Net (NYSE: HNT) was the only Index company to close at a gain, up 0.33 percent, as the other 29 stocks ended in negative territory.

The Index has recorded a 2.73-percent loss from its Aug. 28 close of 72.959 and also is 8.24 percent down from its Aug. 3 close of 77.342.

Executive Mosaic’s GovCon Index tracks 30 large, publicly-traded government contracting firms.

Market Summary

  Advancing Issues      1 (3.33%)
  Declining Issues   28 (96.66%)
  Unchanged Issues     0

Video of the Day

Related Articles

Pentagon Issues Draft RFP for T-5 TRICARE Managed Care Support Contracts Contract Awards

Pentagon Issues Draft RFP for T-5 TRICARE Managed Care Support Contracts

The Department of Defense has issued a draft solicitation for two fifth-generation TRICARE managed care support contracts that could be worth more than $58B combined, Bloomberg Government reported Monday.

Humana Awarded $3.8B Tricare Managed Service Contract Extension Contract Awards

Humana Awarded $3.8B Tricare Managed Service Contract Extension

The Defense Health Agency has awarded Humana (NYSE: HUM) a one-year, $3.80 billion “bridge” contract to extend the company’s healthcare delivery services under the Tricare Health Benefits program. Humana’s government business unit will continue to support health benefits management functions and provide managed care services to nearly 3 million Tricare program beneficiaries in the southern U.S., the Defense Department said Thursday. The company helps the

Weekly Roundup November 14 – November 18, 2016: ‘Big 3’ Credit Rating Firm Ups Defense Outlook & more News

Weekly Roundup November 14 – November 18, 2016: ‘Big 3’ Credit Rating Firm Ups Defense Outlook & more

November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country’s “Big Three” credit rating agencies has bolstered its view of the government contracting sector’s prospects under incoming President Donald Trump and in particular defense companies. Fitch Ratings said in its