Author: Anna Forrester|| Date Published: April 11, 2016
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.
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 (NYSE: LMT) scheduled for April 26 followed by Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) on April 27 and Raytheon (NYSE: RTN) on April 28.
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