July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

GovConIndexUPExecutive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent.

Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade.

Friday’s performance comes as the Labor Department reports that non-farm businesses added 287, 000 new jobs in June to exceed analyst expectations.

Top GovCon Index Net Gainers

Symbol Company $ Current Price Net Change ▴ % Change
BA Boeing* 130.09 2.92 2.30%
LLL L-3 Communications* 149.72 2.92 1.99%
HON Honeywell International* 118.84 2.73 2.35%
LMT Lockheed Martin* 251.90 2.13 0.85%
HRS Harris Corp.* 84.20 1.93 2.35%

Top GovCon Index Percentage Gainers

Symbol Company $ Current Price Net Change % Change ▴
NAV Navistar International 12.04 0.83 7.40%
I Intelsat 2.62 0.18 7.38%
EGL Engility Holdings 24.51 1.50 6.52%
VEC Vectrus 29.85 1.16 4.04%
TXT Textron* 36.99 1.28 3.58%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 29
Declining GovCon Index Issues 1
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 80.813 +1.256 +1.579%
S&P 500 2, 129.90 +32.00 +1.53%
Dow Jones Industrial Average 18, 146.74 +250.86 +1.40%
NASDAQ 4, 956.76 +79.95 +1.64%

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