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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations


GovConIndexUPExecutive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent.

Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade.

Friday’s performance comes as the Labor Department reports that non-farm businesses added 287, 000 new jobs in June to exceed analyst expectations.

Top GovCon Index Net Gainers

SymbolCompany$ Current PriceNet Change ▴% Change
BABoeing*130.092.922.30%
LLLL-3 Communications*149.722.921.99%
HONHoneywell International*118.842.732.35%
LMTLockheed Martin*251.902.130.85%
HRSHarris Corp.*84.201.932.35%

Top GovCon Index Percentage Gainers

SymbolCompany$ Current PriceNet Change% Change ▴
NAVNavistar International12.040.837.40%
IIntelsat2.620.187.38%
EGLEngility Holdings24.511.506.52%
VECVectrus29.851.164.04%
TXTTextron*36.991.283.58%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues29
Declining GovCon Index Issues1
Unchanged GovCon Index Issues0
IndexValueNet Change% Change
GovCon Index80.813+1.256+1.579%
S&P 5002, 129.90+32.00+1.53%
Dow Jones Industrial Average18, 146.74+250.86+1.40%
NASDAQ4, 956.76+79.95+1.64%

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