The
GovCon Index climbed significantly today closing at 72.232 up 1.114 percent, pulling itself out of correction.
All three markets — the Dow Jones Industrial, S&P 500 and the Nasdaq Composite — all showed robust gains approaching 1.50 percent, with WTI crude oil closing up 6.21 percent to $31.48.
As reported by CNBC , Honeywell (NYSE:HON) and United Technologies Corp. (NYSE: UTX) have held talks about the possibility of a merger that would form a $94 billion organization.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change NAV Navistar 8.66 +0.85 +10.88% SAIC SAIC 44.32 +1.29 +3.00% ACM AECOM 26.77 +0.71 +2.72% TXT Textron Inc.* 34.16 +0.88 +2.64% EGL Engility Holdings 13.76 +0.35 +2.61%
*Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 25 Declining GovCon Index Issues 5 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 72.232 +0.796 +1.114% S&P 500 1, 945.50 +27.72 +1.45% Dow Jones Industrial Average 16, 620.66 +228.67 +1.40% NASDAQ 4, 570.61 +66.18 +1.47%
GovCon dealmakers Jean Stack and John Song, both Wash100 winners, are leaving Baird to join Evercore's defense practice.
Thompson was chief growth officer at CBRE Government & Defense Services and Idemia North America.
Raytheon will handle AN/APQ-188 radar work, while Boeing will deliver bomb rack modernization system kits for the B-52.
Parsons subsidiary SealingTech has booked a potential five-year, $750 million USCYBERCOM OTA for Joint Cyber Hunt Kit production.
Evan Scott, president of ESGI Potomac Recruiting, explains how to find, vet and hire elite federal business development executives.
DHS plans to compete a follow-on $100 million OneStream systems integrator BPA, with award anticipated in the second quarter of…
The deal adds autonomous mission software to CesiumAstro's satellite and communications portfolio.
The hypersonics and solid rocket motor manufacturer expects the transaction to close in early 2027.
Ultra Mission Solutions will join Booz Allen's defense technology unit under President Steve Escaravage.
Parsons landed the Technical, Engineering, Advisory and Management Support-Next Missile Defense System Engineering contract in 2021.
The follow-on award covers continuous cyber monitoring and new capability development supporting Department of War network resilience.
Boeing’s F-15 Eagle Crest contract includes foreign military sales to seven countries and new depot maintenance capabilities.
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