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 Boeing General Dynamics Northrop Grumman
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%
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
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Everforth ECS secured the original SUNet contract in 2019, followed by a modification two years later.
Maddux previously served as vice president of global supply chain at Mercury Systems.
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The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
Under the contract modification, Oracle will continue supporting EHR deployment, training and sustainment through 2031.
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Unanet EVP Chris Crowder, a GovCon Expert, argues that govcons must prioritize enterprise value over revenue growth to build strength.
Claroty Public Sector GM Jen Sovada has explained how a unified platform could help agencies secure cyber-physical systems.
The Army will realign its drone assault battalion, shifting the unit to a core airborne infantry role after an exercise…
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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.
