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%
Whitworth will lead internal operations and defense and intelligence product strategy at Satellogic.
The Space Force awarded the sole-source, cost-plus-award-fee task order covering design, upgrade and integration work.
Northrop Grumman has received a potential $508 million MDA contract for ballistic missile flight test and logistics support.
Brooks Consulting's Chuck Brooks, a GovCon Expert, examines how AI, quantum and cybersecurity are reshaping U.S. space security.
OSINT Foundation's Eliot Jardines said advancing OSINT could strengthen the government's use of the data source for national security.
President Trump has appointed Adam Telle, assistant Army secretary for civil works, as acting Army secretary.
From fake USS Abraham Lincoln strike videos to AI F-35 photos, U.S. adversaries are deploying deepfakes to undermine national security.
ITC Federal has acquired Apriva ISS to expand classified communications support for federal defense and law enforcement agencies.
Mallory Cawlfield brings leadership experience from CACI, Applied Insight, Zavda Technologies and the U.S. Navy to her new role.
Mehall was senior vice president of operations at CACI, VP of operations at Chenega and VP of USIS.
Northrop Grumman has received a potential $863 million Army IDIQ contract to produce M1156 precision guidance kits.
Valiant will provide flight and classroom instruction for naval aviators, flight officers and aircrew at four Atlantic Fleet locations.
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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.
