The
GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912.
McLean, Virginia-based Science Applications International Corp. first-quarter earnings and revenue above analyst forecasts .
Losses by technology stocks Apple , Facebook and Microsoft weighed on the benchmark U.S. stock indicators such as the S&P 500 composite index.
Investors are anticipating the latest retail sales report due Tuesday and developments from the Federal Reserve ‘s two-day meeting Tuesday and Wednesday that could set the stage for a future interest rate hike, according to Reuters .
Market Summary
Advancing GovCon Index Issues 1 Declining GovCon Index Issues 29 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 78.912 -1.030 -1.288% S&P 500 2, 079.06 -17.01 -0.81% Dow Jones Industrial Average 17, 732.48 -132.86 -0.74% NASDAQ 4, 848.44 -46.11 -0.94%
Graham Evans spent more than 16 years at Booz Allen Hamilton, leading AI and platform work in its defense technology…
GDIT has named retired Maj. Gen. Ryan Heritage vice president of full-spectrum cyber to unify its cyber capabilities across missions.
Leidos has used automation to accelerate patch delivery to network devices by 93 percent and enterprise-wide patching by 94 percent.
Sabel Systems has named Mini Polaski SVP of the ADAx unit and Alexis Wenzel VP of business development for the…
Tadaweb VP Erik Noren has said agencies should adopt AI to help analysts focus on relevant open-source intelligence.
Google Public Sector has won the potential $876 million DHS Cumulus contract to provide departmentwide commercial cloud services.
ITC Federal has acquired Capgemini Government Solutions, forming ITC Digital Solutions to expand digital modernization capabilities.
Boeing has received a $13.4 billion Air Force contract modification to add FMS scope for the KC-46 aircraft.
Skerl brings more than 25 years of experience in technology transformation, including roles at Bosch, Cabot and Veeam Software.
Chuck Brooks, a GovCon Expert, explores how quantum wave architectures, photonics and AI convergence could reshape computing.
Heaviside received $99 million for its MOTH spectrum analyzer, while RII won $96.9 million for AI-driven Dragonfly sensors.
The planned OASIS+ order would run through February 2032, with a solicitation estimated for December and an award expected in…
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The GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912.
