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January 23 Morning Report: GovCon Index Posts Gain on Boost From McKesson, Rockwell Collins


Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13.

McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer.

Pharmaceutical services provider McKesson also led among stocks co-listed in the S&P 500, while avionics maker Rockwell Collins reported first-quarter numbers above Wall Street forecast and noted plans to close its $6.4 billion acquisition of B/E Aerospace (Nasdaq: BEAV) in the spring.

The following GCI companies will report first-quarter earnings this week:

  • Tuesday: Lockheed Martin (NYSE: LMT)
  • Wednesday: Boeing (NYSE: BA) and Textron (NYSE: TXT)
  • Thursday: L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN)
  • Friday: General Dynamics (NYSE: GD)

Market Summary

IndexValueNet Change% Change
GovCon Index88.954+0.263+0.297%
S&P 5002, 271.31+7.62+0.34%
Dow Jones Industrial Average19, 827.25+94.85+0.48%
NASDAQ5, 555.33+15.25+0.28%
Advancing GovCon Index Issues17
Declining GovCon Index Issues13
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
MCKMcKesson Corp.*150.28+2.99+2.03%
COLRockwell Collins91.40+2.19+2.45%
CACICACI International123.20+0.95+0.78%
HIIHuntington Ingalls Industries195.71+0.89+0.46%
MMSMaximus57.08+0.79+1.40%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
COLRockwell Collins91.40+2.19+2.45%
MCKMcKesson Corp.*150.28+2.99+2.03%
MMSMaximus57.08+0.79+1.40%
CUBCubic Corp.48.30+0.45+0.94%
CACICACI International123.20+0.95+0.78%

Lowest GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▾% Change
NAVNavistar International27.79-0.84-2.93%
OAOrbital ATK88.15-0.68-0.77%
LLLL3 Technologies*151.41-0.50-0.33%
SAICSAIC83.21-0.44-0.53%
NOCNorthrop Grumman*232.11-0.28-0.12%

Lowest GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▾
NAVNavistar International27.79-0.84-2.93%
EGLEngility Holdings31.67-0.28-0.88%
OAOrbital ATK88.15-0.68-0.77%
VECVectrus23.50-0.14-0.59%
SAICSAIC83.21-0.44-0.53%

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