Hello, Guest!
  • Saturday, April 20, 2024

March 28 Morning Report: CAE Joins GovCon Index; Thursday Trading Ends With Decline


GovConIndexDOWNExecutive Mosaic will replace Health Net with aerospace and defense firm CAE (NYSE: CAE) in the GovCon Index effective Monday following the health insurer’s acquisition by Centene (NYSE: CNC).

CAE closed Thursday at $11.32 per share and a market capitalization of $3.1 billion.

GCI closed Thursday with a 0.412-point drop to 74.640, ending the week with a decline of 1.207 percent.

 

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
VEC Vectrus 21.75 +0.66 +3.13%
OA Orbital ATK 84.05 +1.28 +1.55%
MCK McKesson Corp.* 157.29 +2.26 +1.46%
EGL Engility Holdings 17.69 +0.16 +0.91%
NAV Navistar International 12.24 +0.10 +0.82%

* Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 13
Declining GovCon Index Issues 16
Unchanged GovCon Index Issues 1
Index Value Net Change % Change
GovCon Index 75.640 -0.412 -0.549%
S&P 500 2, 035.94 -0.77 -0.04%
Dow Jones Industrial Average 17, 515.73 +13.14 +0.08%
NASDAQ 4, 773.50 +4.64 +0.10%

Video of the Day

Related Articles

Shawn Julien Joins REI Systems as Chief People Officer Executive Moves

Shawn Julien Joins REI Systems as Chief People Officer

Shawn Julien, formerly senior director of human resources at General Dynamics‘ (NYSE: GD) information technology unit, has joined technology services provider REI Systems as chief people officer, according to his LinkedIn post. He brings to the role over two decades of experience overseeing HR functions for technology companies with a focus on leadership development, business

Dan Davis Named ASRC Federal Solution Architecture VP Executive Moves

Dan Davis Named ASRC Federal Solution Architecture VP

Dan Davis, a GovCon industry executive, has joined ASRC Federal as vice president of solution architecture. He announced his appointment in a LinkedIn post published Monday. Davis brings to the role his decades of experience leading strategic planning, business development, technology product design and development, systems engineering, procurement, project management, integration and testing initiatives. Prior

Craig Reed Appointed Strategic Partner at Donovan Capital Group Executive Moves

Craig Reed Appointed Strategic Partner at Donovan Capital Group

Federal contracting veteran Craig Reed has been named a strategic partner at Donovan Capital Group, a Virginia-based investment company focused on the aerospace, defense and government services industries, DCG announced Monday. “In addition to strengthening our investment team, Craig deepens our firm’s ability to guide the companies we work with,” said Claudio Ochoa, managing partner at