GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday.
Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations.
Telecommunications stocks also climbed but all sector gains were offset by losses in materials shares.
Crude oil futures in New York settled down 26 cents to $41.50 a barrel.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change NAV Navistar International 13.87 +0.41 +3.05% ICFI ICF International 37.10 +0.75 +2.06% CSRA CSRA 26.94 +0.45 +1.70% GIB CGI Group 49.11 +0.63 +1.30% BAESY BAE Systems 28.84 +0.24 +0.86%
* 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 75.306 -0.093 -0.123% S&P 500 2, 082.78 +0.36 +0.02% Dow Jones Industrial Average 17, 926.43 +18.15 +0.10% NASDAQ 4, 945.89 -1.53 -0.03%
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 descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday.
