GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent.
The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters .
Investors also saw some recovery for the manufacturing sector in the Institute for Supply Management’s latest factory activity index reading of 51.8 for March, up 2.3 points from February, Reuters said.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change LDOS Leidos Holdings 51.39 +1.07 +2.13% ICFI ICF International 34.98 +0.61 +1.77% CSRA CSRA* 27.27 +0.47 +1.75% SAIC SAIC 54.17 +0.83 +1.56% NOC Northrop Grumman* 200.31 +2.41 +1.22%
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 12 Declining GovCon Index Issues 18 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 74.380 +0.348 +0.470% S&P 500 2, 072.78 +13.04 +0.63% Dow Jones Industrial Average 17, 792.75 +107.66 +0.61% NASDAQ 4, 914.54 +44.69 +0.92%
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
The small business RMAS contract carries a $1.5B ceiling, while the full-and-open PLS contract has a $6.09B ceiling over 10…
CACI reported an 8.2 percent revenue increase to $2.5 billion for Q1 FY27 and raised its fiscal 2027 revenue and…
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The GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent.
