GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.
The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies.
Bloomberg reported that the U.S. dollar strengthened after a report from the Labor Department indicating 151, 000 jobs generated in January for nonfarm payrolls and an eight-year low of 4.9 percent in the unemployment rate.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change CUB Cubic Corp. 34.33 +0.55 +1.63% COL Rockwell Collins 81.27 +0.87 +1.08% LMT Lockheed Martin* 211.94 +1.73 +0.82% MCK McKesson* 154.36 +0.55 +0.36% RTN Raytheon* 126.65 +0.23 +0.18%
*Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 7 Declining GovCon Index Issues 22 Unchanged GovCon Index Issues 1
Index Value Net Change % Change GovCon Index 70.204 -0.960 -1.349% S&P 500 1, 880.02 -35.43 -1.85% Dow Jones Industrial Average 16, 204.83 -211.75 -1.29% NASDAQ 4, 363.14+ -146.41 -3.25%
Graham Evans spent more than 16 years at Booz Allen Hamilton, leading AI and platform work in its defense technology…
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Skerl brings more than 25 years of experience in technology transformation, including roles at Bosch, Cabot and Veeam Software.
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Heaviside received $99 million for its MOTH spectrum analyzer, while RII won $96.9 million for AI-driven Dragonfly sensors.
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The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.
