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%
SAIC has completed its acquisition of ISC, a developer of encryption software, to expand its zero trust and PQC capabilities.
Leidos will retain a significant minority stake while pursuing airport and air traffic systems modernization work.
Kepler Communications U.S. has named Caitlin Marsh president to lead U.S. growth for its optical relay and on-orbit compute offerings.
B&A has opened a 45,000-square-foot facility in Madison, Alabama, to expand its defense, space and intelligence mission support.
Patrick Eveland will oversee federal, state, local and academic business units at Thomson Reuters.
President Trump has formed the Super Intelligence Force to coordinate federal efforts to sustain U.S. leadership in super intelligence.
Exiger CEO Brandon Daniels has discussed the super intelligence governance principles AI leaders agreed on at a White House meeting.
Caputo joins the three-member panel that advises the president on the National Cancer Program, replacing Mitchel Berger.
Amy Gilliland is no longer with General Dynamics, and GDIT Chief Business Officer Paul Nedzbala has been named interim president.
Dynatrace acquired Arize for $915 million, including about $815 million in cash and replacement equity awards.
Ennis will be responsible for budgeting, accounting, program cost control, financial reporting, and financial planning and analysis.
Nuclear Fuel Services in Erwin, Tennessee, will make fuel for Navy submarines and carriers, with work set to wrap up…
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