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%
Amentum CEO John Heller honored with Scouting America’s annual tech sector award at luncheon attended by top GovCon industry players
The Azimut.ai acquisition marks Windward's first move into proprietary ship-mounted and ground-based maritime sensors.
The former Aretum chief growth officer also held leadership roles at M9 Solutions, Capgemini and other federal contractors.
Concurrent Technologies Corp. will split its CFO responsibilities into two roles as John Klein retires.
The initial task order is worth $115 million, with Viasat serving as the network and mission system integrator.
IonQ's Elisity deal includes up to $150 million in additional consideration tied to revenue performance through January 2028.
Tiffany Yeager moves into the permanent post after leading the Leidos subsidiary in an acting capacity.
Intel has named Rob Gillis general manager of government go-to-market and sales, succeeding Greg Clifton.
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
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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.
