The
GovCon Index posted a loss of 0.481 points to 76.361 Friday and closed the week with a decline amid the release of first-quarter earnings reports from large U.S. government contractors throughout the week.
GCI closed April as its third consecutive month with positive movement at a year-to-date gain of 5.24 percent.
Several of the largest GovCon companies reported first-quarter earnings and sales this week that topped Wall Street expectations, including Lockheed Martin (NYSE: LMT), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC).
Top GovCon Index Net Gainers
Symbol Company $ Current Price Net Change ´ % Change LLL L-3 Communications* 131.53 +0.69 +0.53% ICFI ICF International 39.37 +0.65 +1.68% NOC Northrop Grumman* 206.26 +0.65 +0.32% ACM AECOM 32.49 +0.22 +0.68% BAESY BAE Systems 27.94 +0.02 +0.06%
* Also listed in the S&P 500 composite index
Top GovCon Index Percentage Gainers
Symbol Company $ Current Price Net Change % Change ICFI ICF International 39.37 +0.65 +1.68% ACM AECOM 32.49 +0.22 +0.68% LLL L-3 Communications* 131.53 +0.69 +0.53% NOC Northrop Grumman* 206.26 +0.65 +0.32% I Intelsat 3.95 +0.01 +0.25%
Market Summary
Advancing GovCon Index Issues 6 Declining GovCon Index Issues 23 Unchanged GovCon Index Issues 1
Index Value Net Change % Change GovCon Index 76.361 -0.481 -0.626% S&P 500 2, 065.30 -10.51 -0.51% Dow Jones Industrial Average 17, 773.64 -57.12 -0.32% NASDAQ 4, 775.36 -29.93 -0.62%
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