GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.
The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies.
Bloomberg reported that the U.S. dollar strengthened after a report from the Labor Department indicating 151, 000 jobs generated in January for nonfarm payrolls and an eight-year low of 4.9 percent in the unemployment rate.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change CUB Cubic Corp. 34.33 +0.55 +1.63% COL Rockwell Collins 81.27 +0.87 +1.08% LMT Lockheed Martin* 211.94 +1.73 +0.82% MCK McKesson* 154.36 +0.55 +0.36% RTN Raytheon* 126.65 +0.23 +0.18%
*Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 7 Declining GovCon Index Issues 22 Unchanged GovCon Index Issues 1
Index Value Net Change % Change GovCon Index 70.204 -0.960 -1.349% S&P 500 1, 880.02 -35.43 -1.85% Dow Jones Industrial Average 16, 204.83 -211.75 -1.29% NASDAQ 4, 363.14+ -146.41 -3.25%
GSA’s Polly Hall will give insights on the Revolutionary FAR Overhaul and AI in procurement during her 2026 FedCiv Summit…
The appointment follows Amy Gilliland's departure early in October.
Lockheed Martin will perform engineering, integration, qualification and testing support for the F-35 navigation system.
Oracle has committed $1 billion over four years to expand partner benefits and incentives tied to AI solution development and…
Booz Allen reported $2.8 billion in Q2 fiscal 2027 revenue, a $41 billion backlog and $2.1 billion in national security…
Sigmatech's Army contract runs through October 2036, with work locations and funding to be assigned as individual orders are issued.
Two logistics support recompetes for training aircraft are expected to fall between $1 billion and $1.5 billion.
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.
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The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.
