November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

CSRAFederal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning.

The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International.

CSRA is based in Falls Church, Virginia, and offers information technology and professional services as part of its portfolio for U.S. government agencies.

GovConIndexUPThe CSRA stub will also replace CSC in the S&P 500 as CSC moves to the S&P MidCap 400 based on the company’s market capitalization following the public sector business spinoff,  S&P Dow Jones Indices said Nov. 23.

The GovCon Index closed Friday with a nominal gain of 0.180 points to 79.854 in a half-day post-Thanksgiving session for U.S. markets.

Top GovCon Index Gainers

SymbolCompany$ Current PriceNet Change% Change
MANTManTech International33.24+0.78+2.40%
HNTHealth Net63.88+1.19+1.90%
BAESYBAE Systems31.23+0.53+1.73%
LMTLockheed Martin225.91+1.76+0.79%

Market Summary

Advancing Issues18
Declining Issues11
Unchanged Issues1
IndexValueNet Change% Change
GovCon Index79.854+0.180+0.226%
S&P 5002, 090.67+1.80+0.09%
Dow Jones Industrial Average17, 798.49-14.90-0.08%
NASDAQ5, 127.52+11.38+0.22%
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