The
GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points.
U.S. investors remain wary as earnings reports from consumer companies were below expectations, although retail sales exceeded the consensus economist expectation with an increase of 1.3 percent in April, Reuters reported .
Crude oil futures in New York declined 1.1 percent to $46.21 but the benchmark has gained at least 3 percent for the week.
Market Summary
Advancing GovCon Index Issues 2 Declining GovCon Index Issues 28 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 77.038 -0.819 -1.052% S&P 500 2, 046.61 -17.50 -0.85% Dow Jones Industrial Average 17, 535.32 -185.18 -1.05% NASDAQ 4, 717.68 -19.66 -0.41%
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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…
The NASA logistics agreements run through GSA's OASIS+ vehicle, with a five-year base ordering period open through Sept. 30, 2031.
Adolf spent nearly six years in director roles at Serco and more than eight years at SRA International.
SAP NS2 has secured a seven-year, $903 million sole-source IDIQ contract from the Defense Logistics Agency for cloud services.
NIH and China's science ministry have barred applications substantially developed by AI, while European funders require disclosure.
Leidos has named AT&T COO Jeff McElfresh to its board of directors, which has expanded to 11 members with his…
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The GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points.
