January 30 Morning Report: GovCon Index Gets Boost From General Dynamics' Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook.

General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 percent annually through 2020.

The Index ended the week flat as 17 of the 30 listed stocks registered gains.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	88.929	+0.229	+0.257%
S&P 500	2,296.68	-1.69	-0.07%
Dow Jones Industrial Average	20,100.91	-32.40	-0.16%
NASDAQ	5,655.18	-1.16	-0.02%

Advancing GovCon Index Issues	11
Declining GovCon Index Issues	19
Unchanged GovCon Index Issues	0

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change	% Change
GD	General Dynamics*	185.14	+7.84	+4.42%
RTN	Raytheon*	145.88	+2.98	+2.09%
NOC	Northrop Grumman*	229.83	+2.87	+1.26%
LLL	L3 Technologies*	158.41	+2.76	+1.77%
HRS	Harris Corp.*	102.53	+1.30	+1.28%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change
GD	General Dynamics*	185.14	+7.84	+4.42%
RTN	Raytheon*	145.88	+2.98	+2.09%
LLL	L3 Technologies*	158.41	+2.76	+1.77%
HRS	Harris Corp.*	102.53	+1.30	+1.28%
NOC	Northrop Grumman*	229.83	+2.87	+1.26%

Lowest GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change	% Change
HII	Huntington Ingalls Industries	191.53	-2.77	-1.43%
MCK	McKesson Corp.*	136.74	-1.81	-1.31%
LMT	Lockheed Martin*	253.50	-1.47	-0.58%
BA	Boeing*	167.70	-1.42	-0.84%
TXT	Textron*	47.77	-0.74	-1.53%

Lowest GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change
ACM	AECOM	37.87	-0.72	-1.87%
TXT	Textron*	47.77	-0.74	-1.53%
HII	Huntington Ingalls Industries	191.53	-2.77	-1.43%
MCK	McKesson Corp.*	136.74	-1.81	-1.31%
VEC	Vectrus	22.96	-0.28	-1.20%