The GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent.
The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters .
Investors also saw some recovery for the manufacturing sector in the Institute for Supply Management’s latest factory activity index reading of 51.8 for March, up 2.3 points from February, Reuters said.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change LDOS Leidos Holdings 51.39 +1.07 +2.13% ICFI ICF International 34.98 +0.61 +1.77% CSRA CSRA* 27.27 +0.47 +1.75% SAIC SAIC 54.17 +0.83 +1.56% NOC Northrop Grumman* 200.31 +2.41 +1.22%
* 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 74.380 +0.348 +0.470% S&P 500 2, 072.78 +13.04 +0.63% Dow Jones Industrial Average 17, 792.75 +107.66 +0.61% NASDAQ 4, 914.54 +44.69 +0.92%
Serco Inc. has agreed to acquire QinetiQ US for $292 million to expand its engineering, naval and space work for…
The appointment follows the resignation of Jensen Huang, who was reportedly involved in a relationship with an alleged Chinese spy.
Find answers to common questions about the Navy’s drone efforts, including the MUSV program and how industry can participate.
CTC has appointed Dirigo Strategic Managing Director Brian Bontempo and former NSA CIO Hal Smith to its technical advisory board.
The Starbase site will generate its own power, with a tax abatement up for consideration Dec. 9.
Outlook's Shadow UGV can support intelligence missions and mobile communications and operate for 30 to over 45 days.
As defense tech CTO, Mahoney will oversee electro-optical/infrared payloads, radio frequency antennas, sensors and autonomous systems.
GDIT’s Navy IDIQ contract ceiling went up by $56 million to $154.5 million to support consolidation of legacy IT help…
Broadcom Chief Security Strategist Manoj Sharma has urged agencies to continuously monitor identities and endpoints as AI use grows.
Northrop Grumman Senior Director Kate Insley has joined CRDF Global’s board, bringing over 20 years of security policy experience.
Proposals are due Dec. 11, with three to six awards planned.
NRL has issued a solicitation for SESPD III, a potential $130 million spacecraft electronics prototyping IDIQ, with bids due Dec.…
You’ve already read all related articles.
VIDEO