The
GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912.
McLean, Virginia-based Science Applications International Corp. first-quarter earnings and revenue above analyst forecasts .
Losses by technology stocks Apple , Facebook and Microsoft weighed on the benchmark U.S. stock indicators such as the S&P 500 composite index.
Investors are anticipating the latest retail sales report due Tuesday and developments from the Federal Reserve ‘s two-day meeting Tuesday and Wednesday that could set the stage for a future interest rate hike, according to Reuters .
Market Summary
Advancing GovCon Index Issues 1 Declining GovCon Index Issues 29 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 78.912 -1.030 -1.288% S&P 500 2, 079.06 -17.01 -0.81% Dow Jones Industrial Average 17, 732.48 -132.86 -0.74% NASDAQ 4, 848.44 -46.11 -0.94%
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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The GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912.
