The
GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis.
Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude in London fell 3.18 percent to $36.59 a barrel.
Both energy shares and material stocks fell in afternoon trade, CNBC reported .
GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change CSRA CSRA* 29.85 +0.26 +0.88% CUB Cubic Corp. 47.76 +0.23 +0.48% LLL L-3 Communications* 120.94 +0.22 +0.18%
* Also listed in the S&P 500 index
Market Summary
Advancing Issues 3 Declining Issues 26 Unchanged Issues 1
Index Value Net Change % Change GovCon Index 77.761 – 0.621 – 0.792% S&P 500 2, 063.36 -15.00 -0.72% Dow Jones Industrial Average 17, 603.87 -117.11 -0.66% NASDAQ 5, 065.85 -42.09 -0.82%
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
The single-award IDIQ carries a $20 million minimum guarantee and a five-year ordering period.
Oddball has named Paul Baumgartner VP of federal health to lead growth and expand partnerships with CMS, HHS and other…
Everforth ECS secured the original SUNet contract in 2019, followed by a modification two years later.
Maddux previously served as vice president of global supply chain at Mercury Systems.
Chainalysis has named Eric Trexler, former Palo Alto Networks public sector SVP, as COO to lead global go-to-market operations.
The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
Under the contract modification, Oracle will continue supporting EHR deployment, training and sustainment through 2031.
Will Cocos previously served as Vantor's chief transformation officer and started his career as a U.S. Navy SEAL officer.
Unanet EVP Chris Crowder, a GovCon Expert, argues that govcons must prioritize enterprise value over revenue growth to build strength.
Claroty Public Sector GM Jen Sovada has explained how a unified platform could help agencies secure cyber-physical systems.
The Army will realign its drone assault battalion, shifting the unit to a core airborne infantry role after an exercise…
You’ve already read all related articles.
VIDEO