GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel.
Four of the five largest U.S. government contractors will report first-quarter earnings in the last week of April, with Lockheed Martin Boeing Northrop Grumman Raytheon
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change BAESY BAE Systems 28.16 +0.61 +2.21% CAE CAE 11.29 +0.19 +1.71% NAV Navistar International 11.63 +0.16 +1.39% VEC Vectrus 22.15 +0.26 +1.19% GD General Dynamics* 132.91 +1.52 +1.16%
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 21 Declining GovCon Index Issues 9 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 74.227 +0.197 +0.266% S&P 500 2, 047.60 +5.69 +0.28% Dow Jones Industrial Average 17, 576.96 +35.00 +0.20% NASDAQ 4, 850.69 +2.32 +0.05%
The MQ-25A Stingray entered low-rate initial production after Milestone C approval in May and its first flight test in April.
Factory has named Connor Maloney, formerly vice president of federal at Rubrik, head of federal to drive its public sector…
The Air Force has awarded three small businesses spots on a $5.4 billion IDIQ for adversary air and close air…
USCIS has detailed a $50M–$100M follow-on contact center contract requiring AI, cloud-based services and automated customer support.
Space Systems Command envisions a six-year sustainment contract for the Meadowlands Counter Communications System fleet.
CTC has elected Tonya Wilkerson, former NGA deputy director, and Errol Campbell, a retired Navy captain, to its board of…
ICE has outlined plans for ORBIT, a potential $100 million multiple-award IDIQ that will succeed its SWIFT enterprise IT vehicle.
Main previously served as CFO and COO of Amalgam Rx and currently holds finance leadership roles at Overture Life and…
The deal advanced Shift5 beyond NGC2 prototyping after Lattice integration work with Anduril and Army exercise demonstrations.
NextGen IACMAC would succeed a $48 billion vehicle that sunsets in April 2028.
Zabierek, a former Air Force intelligence officer, will guide corporate development at C5MI.
The work runs through October 2031, with Army Contracting Command at Redstone Arsenal setting work sites and funding by order.
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The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
