The
GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points.
U.S. investors remain wary as earnings reports from consumer companies were below expectations, although retail sales exceeded the consensus economist expectation with an increase of 1.3 percent in April, Reuters reported .
Crude oil futures in New York declined 1.1 percent to $46.21 but the benchmark has gained at least 3 percent for the week.
Market Summary
Advancing GovCon Index Issues 2 Declining GovCon Index Issues 28 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 77.038 -0.819 -1.052% S&P 500 2, 046.61 -17.50 -0.85% Dow Jones Industrial Average 17, 535.32 -185.18 -1.05% NASDAQ 4, 717.68 -19.66 -0.41%
GSA’s Polly Hall will give insights on the Revolutionary FAR Overhaul and AI in procurement during her 2026 FedCiv Summit…
The appointment follows Amy Gilliland's departure early in October.
Lockheed Martin will perform engineering, integration, qualification and testing support for the F-35 navigation system.
Oracle has committed $1 billion over four years to expand partner benefits and incentives tied to AI solution development and…
Booz Allen reported $2.8 billion in Q2 fiscal 2027 revenue, a $41 billion backlog and $2.1 billion in national security…
Sigmatech's Army contract runs through October 2036, with work locations and funding to be assigned as individual orders are issued.
Two logistics support recompetes for training aircraft are expected to fall between $1 billion and $1.5 billion.
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.
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The GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points.
