The
GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory.
The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve.
Top GovCon Index Gainers
| Symbol | Company | $ Current Price | Net Change | % Change |
|---|
| NAV | Navistar International | 7.27 | +0.52 | +7.70% |
| HON | Honeywell International* | 103.20 | +5.23 | +5.34% |
| RTN | Raytheon* | 128.24 | +6.06 | +4.96% |
| ICFI | ICF International | 34.21 | +1.58 | +4.84% |
| HII | Huntington Ingalls Industries | 127.88 | +5.43 | +4.43% |
*Also listed in the S&P 500 composite index
Market Summary
| Advancing GovCon Index Issues | 28 |
| Declining GovCon Index Issues | 1 |
| Unchanged GovCon Index Issues | 1 |
| Index | Value | Net Change | % Change |
|---|
| GovCon Index | 71.807 | +1.849 | +2.643% |
| S&P 500 | 1, 940.24 | +46.88 | +2.48% |
| Dow Jones Industrial Average | 16, 466.30 | +396.66 | +2.47% |
| NASDAQ | 4, 613.95 | +107.28 | +2.38% |
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
The small business RMAS contract carries a $1.5B ceiling, while the full-and-open PLS contract has a $6.09B ceiling over 10…
CACI reported an 8.2 percent revenue increase to $2.5 billion for Q1 FY27 and raised its fiscal 2027 revenue and…
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