The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase.
Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) helped drive the Index’s climb.
Top GovCon Index Net Gainers
Symbol Company $ Current Price Net Change ´ % Change MANT ManTech Intern. 36.18 +0.58 +1.36 CSRA CSRA* 24.26 +0.56 +2.36 VEC Vectrus 26.23 +0.38 +1.47 SAIC SAIC 57.32 +0.16 +0.28 RTN Raytheon 136.66 +0.05 +0.04
Top GovCon Index Percentage Gainers
Symbol Company $ Current Price Net Change % Change ´ CSRA CSRA* 24.26 +0.56 +2.36 MANT ManTech Intern. 36.18 +0.58 +1.63 VEC Vectrus 26.23 +0.38 +1.47 SAIC SAIC 57.32 +0.16 +0.28 RTN Raytheon* 136.66 +0.05 +0.04
*Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 5 Declining GovCon Index Issues 24 Unchanged GovCon Index Issues 1
Index Value Net Change % Change GovCon Index 79.942 -0.551 -0.6855 S&P 500 2, 096.07 -19.41 -0.92% Dow Jones Industrial Average 17, 865.34 -119.85 -0.67% NASDAQ 4, 894.55 -64.07 -1.29%
President Trump has signed an executive order adopting super intelligence terminology and an accord on frontier model safety controls.
The five-year Alliant 2 award covers software development, operations and maintenance.
Booz Allen has appointed former Navy Task Force 59 Commodore Michael Brasseur as executive VP in its defense tech business.
The award covers logistics, maintenance and field support for Army C5ISR-M systems at 190 locations worldwide.
Tria Federal will support new VHA health care contracts and alternative payment model development under the task order.
Allen Control Systems, Digital Force, DroneShield, L3Harris WESCAM, Napatree, RADA Technologies and SRC each received $500 million.
Jamin Brown joins Terran Orbital after more than 20 years at Lockheed Martin.
Amentum was the incumbent supporting NISSC II while the government prepared the follow-on NISSC III acquisition.
The Navy's Strategic Systems Programs obligates at award $30.7M in funds for engineering work that runs through September 2028.
REDLattice has agreed to merge with Bold Eagle to become a Nasdaq-listed company at a $1.25 billion pre-money enterprise value.
Brooks Consulting's Chuck Brooks, a GovCon Expert, says acquisition speed and technology convergence are defining U.S. security.
TSA conducted about 1,660 tests at 800 locations during fiscal 2025 under the ATSS requirement.
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