March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains

Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open.

The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from the previous day’s close.

GovCon Index advancers outpaced decliners by 4 to 1 with Vectrus (NYSE: VEC) up 4.02 percent and Cubic Corp. (NYSE: CUB) up 3.39 percent, topping the positive shares for the second day in a row.

It was announced on Friday that Vectrus had won a seven year, $37 million contract with the U.S. Air Force. 

WTI moved slightly positive to close the week at $48.69 per barrel up $0.59 over the weeks open.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	93.104	+0.490	+0.524%
S&P 500	2,378.25	-3.13	-0.13%
Dow Jones Industrial Average	20,914.62	-19.93	+0.10%
NASDAQ	5,901.00	+0.24	+0.00%

Advancing GovCon Index Issues	24
Declining GovCon Index Issues	6
Unchanged GovCon Index Issues	0

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change ▴	% Change
NOC	Northrop Grumman *	244.25	+3.97	+1.65%
LMT	Lockheed Martin *	271.61	+3.67	+1.37%
HII	Huntington Ingalls	213.72	+3.56	+1.69%
RTN	Raytheon *	156.78	+3.12	+2.03%
CACI	CACI Intern. Inc.	127.15	+2.90	+2.33%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change ▴
CUB	Cubic Corp.	55.25	+2.10	+3.95%
VEC	Vectrus	23.75	+0.86	+3.76%
CACI	CACI Intern. Inc.	127.15	+2.90	+2.33%
RTN	Raytheon *	156.78	+3.12	+2.03%
EGL	Engility Holdings	31.03	+0.61	+2.01%

GovCon Index Decliners

Symbol	Company	$ Current Price	Net Change ▾	% Change
MCK	McKesson Corp. *	147.93	-0.90	-0.60%
ACM	AECOM	35.65	-0.43	-1.19%
MANT	ManTech Intern.	36.14	-0.36	-0.99%

*Companies Included in S&P500 Index