September 26 Morning Report: GovCon Index Registers Weekly Gain on Fed’s Interest Rate Decision

GovConIndexDOWNExecutive Mosaic’s GovCon Index closed Friday with a decline of 0.495 percent to 81.375 but posted a weekly gain of 2.57 percent after the Federal Reserve decision Wednesday to maintain current interest rates.

The GCI’s S&P 500-listed companies and other large defense contractors helped drive gains, with Northrop Grumman (NYSE: NOC) as the top net performer Friday both in the Index and among co-listed stocks.

Navistar International (NYSE: NAV), Engility Corp. (NYSE: EGL), Science Applications International Corp. (NYSE: SAIC), CACI International (NYSE: CACI) and ManTech International (Nasdaq: MANT) were the top five percentage gainers for the week.

Market Summary

Index Value Net Change % Change
GovCon Index 81.375 -0.405 -0.495%
S&P 500 2, 164.57 -14.49 -0.57%
Dow Jones Industrial Average 18, 261.45 -131.01 -0.71%
NASDAQ 5, 305.75 -33.78 -0.63%
Advancing GovCon Index Issues 5
Declining GovCon Index Issues 24
Unchanged GovCon Index Issues 1

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
CACI CACI International 101.73 -1.43 -1.39%
GD General Dynamics* 153.81 -1.05 -0.68%
MCK McKesson Corp.* 167.08 -1.04 -0.62%
SAIC SAIC 69.72 -0.90 -1.27%
RTN Raytheon* 138.58 -0.89 -0.64%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
BAESY BAE Systems 27.26 -0.84 -3.01%
KBR KBR 14.40 -0.42 -2.83%
MANT ManTech International 40.29 -0.75 -1.83%
NAV Navistar International 21.79 -0.39 -1.76%
CACI CACI International 101.73 -1.43 -1.39%

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
NOC Northrop Grumman* 217.05 +0.56 +0.26%
EGL Engility Holdings 32.12 +0.28 +0.88%
HRS Harris Corp.* 90.88 +0.07 +0.08%
CAE CAE 14.42 +0.06 +0.42%
VEC Vectrus 28.69 +0.04 +0.14%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
EGL Engility Holdings 32.12 +0.28 +0.88%
CAE CAE 14.42 +0.06 +0.42%
NOC Northrop Grumman* 217.05 +0.56 +0.26%
VEC Vectrus 28.69 +0.04 +0.14%
HRS Harris Corp.* 90.88 +0.07 +0.08%
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