The
GovCon Index posted a loss of 0.481 points to 76.361 Friday and closed the week with a decline amid the release of first-quarter earnings reports from large U.S. government contractors throughout the week.
GCI closed April as its third consecutive month with positive movement at a year-to-date gain of 5.24 percent.
Several of the largest GovCon companies reported first-quarter earnings and sales this week that topped Wall Street expectations, including Lockheed Martin (NYSE: LMT), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC).
Top GovCon Index Net Gainers
Symbol Company $ Current Price Net Change ´ % Change LLL L-3 Communications* 131.53 +0.69 +0.53% ICFI ICF International 39.37 +0.65 +1.68% NOC Northrop Grumman* 206.26 +0.65 +0.32% ACM AECOM 32.49 +0.22 +0.68% BAESY BAE Systems 27.94 +0.02 +0.06%
* Also listed in the S&P 500 composite index
Top GovCon Index Percentage Gainers
Symbol Company $ Current Price Net Change % Change ICFI ICF International 39.37 +0.65 +1.68% ACM AECOM 32.49 +0.22 +0.68% LLL L-3 Communications* 131.53 +0.69 +0.53% NOC Northrop Grumman* 206.26 +0.65 +0.32% I Intelsat 3.95 +0.01 +0.25%
Market Summary
Advancing GovCon Index Issues 6 Declining GovCon Index Issues 23 Unchanged GovCon Index Issues 1
Index Value Net Change % Change GovCon Index 76.361 -0.481 -0.626% S&P 500 2, 065.30 -10.51 -0.51% Dow Jones Industrial Average 17, 773.64 -57.12 -0.32% NASDAQ 4, 775.36 -29.93 -0.62%
TechnoMile has appointed longtime federal technology journalist and broadcaster Tom Temin as strategic media adviser and announced the launch of…
OMNI has appointed Tim Coffin, a retired U.S. Army brigadier general, as vice president of strategic growth for space. OMNI’s…
Nava Public Benefit Corp. has completed the acquisition of Beam, a cloud-based product used by government agencies to administer safety net,…
Auria, a portfolio company of Enlightenment Capital, has acquired BCubed Engineering as part of a push to expand its hardware…
The Department of Homeland Security will recompete a $100 million contract vehicle to provide the U.S. Customs and Border Protection…
KBR has secured a potential $149 million contract from the U.S. Air Force to support system modernization and operator readiness at…
The U.S. Navy plans to issue a solicitation for a follow-on unrestricted multiple-award contract, or MAC, to provide operational planning,…
SpaceX has acquired artificial intelligence company xAI as part of a push to combine the two companies under a single…
Daniel Simms was appointed CEO of Valiant Integrated Services, effective Feb. 2, marking a leadership transition focused on operational execution and…
The U.S. Air Force has awarded Boeing a $2.8 billion contract to modernize the Republic of Korea Air Force’s F-15K…
Brett Mencin has taken on new responsibilities as president of enterprise vetting and analysis at Xcelerate Solutions. The executive confirmed…
Brian Durden has been elevated to vice president of solutions engineering at Rancher Government Solutions. RGS said Monday the promotion reflects its…
You’ve already read all related articles.
VIDEO