The GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%.
The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being.
According to Bloomberg , stocks are finally in the positive for the year.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change I Intelsat 2.48 0.18 +7.83% NAV Navistar 13.58 0.97 +7.69% EGL Engility Holdings 17.87 0.75 +4.38% ACM AECOM 31.47 0.88 +2.88% BAESY BAE Systems 29.26 0.71 +2.49%
Market Summary
Advancing GovCon Index Issues 23 Declining GovCon Index Issues 7 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 74.289 +0.302 +0.408% S&P 500 2, 040.59 +13.37 +0.66% Dow Jones Industrial Average 17, 481.49 +155.73 +0.90% NASDAQ 4, 774.99 +11.02 +0.23%
GovCon dealmakers Jean Stack and John Song, both Wash100 winners, are leaving Baird to join Evercore's defense practice.
Thompson was chief growth officer at CBRE Government & Defense Services and Idemia North America.
Raytheon will handle AN/APQ-188 radar work, while Boeing will deliver bomb rack modernization system kits for the B-52.
Parsons subsidiary SealingTech has booked a potential five-year, $750 million USCYBERCOM OTA for Joint Cyber Hunt Kit production.
Evan Scott, president of ESGI Potomac Recruiting, explains how to find, vet and hire elite federal business development executives.
DHS plans to compete a follow-on $100 million OneStream systems integrator BPA, with award anticipated in the second quarter of…
The deal adds autonomous mission software to CesiumAstro's satellite and communications portfolio.
The hypersonics and solid rocket motor manufacturer expects the transaction to close in early 2027.
Ultra Mission Solutions will join Booz Allen's defense technology unit under President Steve Escaravage.
Parsons landed the Technical, Engineering, Advisory and Management Support-Next Missile Defense System Engineering contract in 2021.
The follow-on award covers continuous cyber monitoring and new capability development supporting Department of War network resilience.
Boeing’s F-15 Eagle Crest contract includes foreign military sales to seven countries and new depot maintenance capabilities.
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