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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The Starbase site will generate its own power, with a tax abatement up for consideration Dec. 9.
Outlook's Shadow UGV can support intelligence missions and mobile communications and operate for 30 to over 45 days.
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GDIT’s Navy IDIQ contract ceiling went up by $56 million to $154.5 million to support consolidation of legacy IT help…
Broadcom Chief Security Strategist Manoj Sharma has urged agencies to continuously monitor identities and endpoints as AI use grows.
Northrop Grumman Senior Director Kate Insley has joined CRDF Global’s board, bringing over 20 years of security policy experience.
Proposals are due Dec. 11, with three to six awards planned.
NRL has issued a solicitation for SESPD III, a potential $130 million spacecraft electronics prototyping IDIQ, with bids due Dec.…
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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.
