GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday.
Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations.
Telecommunications stocks also climbed but all sector gains were offset by losses in materials shares.
Crude oil futures in New York settled down 26 cents to $41.50 a barrel.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change NAV Navistar International 13.87 +0.41 +3.05% ICFI ICF International 37.10 +0.75 +2.06% CSRA CSRA 26.94 +0.45 +1.70% GIB CGI Group 49.11 +0.63 +1.30% BAESY BAE Systems 28.84 +0.24 +0.86%
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 12 Declining GovCon Index Issues 18 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 75.306 -0.093 -0.123% S&P 500 2, 082.78 +0.36 +0.02% Dow Jones Industrial Average 17, 926.43 +18.15 +0.10% NASDAQ 4, 945.89 -1.53 -0.03%
Graham Evans spent more than 16 years at Booz Allen Hamilton, leading AI and platform work in its defense technology…
GDIT has named retired Maj. Gen. Ryan Heritage vice president of full-spectrum cyber to unify its cyber capabilities across missions.
Leidos has used automation to accelerate patch delivery to network devices by 93 percent and enterprise-wide patching by 94 percent.
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Tadaweb VP Erik Noren has said agencies should adopt AI to help analysts focus on relevant open-source intelligence.
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ITC Federal has acquired Capgemini Government Solutions, forming ITC Digital Solutions to expand digital modernization capabilities.
Boeing has received a $13.4 billion Air Force contract modification to add FMS scope for the KC-46 aircraft.
Skerl brings more than 25 years of experience in technology transformation, including roles at Bosch, Cabot and Veeam Software.
Chuck Brooks, a GovCon Expert, explores how quantum wave architectures, photonics and AI convergence could reshape computing.
Heaviside received $99 million for its MOTH spectrum analyzer, while RII won $96.9 million for AI-driven Dragonfly sensors.
The planned OASIS+ order would run through February 2032, with a solicitation estimated for December and an award expected in…
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The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday.
