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%
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Mike Adams, senior sales director at Carahsoft, said artificial intelligence is playing an increasingly central role in government missions, from…
Integrated Data Services has appointed Sujey Edward, a technology industry leader, as chief strategy and innovation officer. As companies like…
AeroVironment has selected Sean Woodward as executive vice president and chief financial officer, effective May 1. Woodward succeeds Kevin McDonnell,…
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee?…
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal…
Dynanet has appointed Anthony “Tony” Kirilusha, a federal health research and data science leader, as chief scientific officer. The latest…
Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize…
The Department of the Navy is seeking industry input on services supporting the In-Service Engineering Activity Naval Enterprise Networks, or ISEA…
HawkEye 360 has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of…
As cyber threats grow more sophisticated and federal policy shifts toward a more aggressive posture, government and industry leaders are…
The Air Force Research Laboratory, or AFRL, has awarded six companies positions on a $200 million contract to conduct research and…
You’ve already read all related articles.
VIDEO 
The GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory.
