GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17, 500.94, the S&P500 gained 12.28 to 2, 052.32, and the NASDAQ closed up 57.02 points to 4, 769.56.
The GovCon Index closed with 27 gainers over 3 losers. There were several strong performers today in the GovCon Index as indicated in the tables below.
Top GovCon Index Net Gainers
Symbol Company $ Current Price Net Change –´ % Change NOC Northrop Grumman* 212.72 +1.65 +0.78% VEC Vectrus 24.52 +1.50 +6.52% LLL L-3 Communications* 138.20 +1.35 +0.99% MCK McKesson Corp* 182.29 +1.33 +0.73% MMS Maximus, Inc 55.34 +1.32 +2.44%
Top GovCon Index Percentage Gainers
Symbol Company $ Current Price Net Change % Change –´ I Intelsat 3.40 +0.29 +9.32% VEC Vectrus 24.52 +1.50 +6.52% CUB Cubic Corp. 40.23 +1.06 +2.71% MMS Maximus, Inc. 55.34 +1.32 +2.44% SAIC SAIC 53.30 +1.18 +2.26%
* S&P500 Company
Market Summary
Advancing GovCon Index Issues 27 Declining GovCon Index Issues 3 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 77.071 +0.520 +0.670% S&P 500 2, 052.32 +12.28 +0.60% Dow Jones Industrial Average 17, 500.94 +65.54 +0.38% NASDAQ 4, 769.56 +57.02 +1.21%
Whitworth will lead internal operations and defense and intelligence product strategy at Satellogic.
The Space Force awarded the sole-source, cost-plus-award-fee task order covering design, upgrade and integration work.
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OSINT Foundation's Eliot Jardines said advancing OSINT could strengthen the government's use of the data source for national security.
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ITC Federal has acquired Apriva ISS to expand classified communications support for federal defense and law enforcement agencies.
Mallory Cawlfield brings leadership experience from CACI, Applied Insight, Zavda Technologies and the U.S. Navy to her new role.
Mehall was senior vice president of operations at CACI, VP of operations at Chenega and VP of USIS.
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Valiant will provide flight and classroom instruction for naval aviators, flight officers and aircrew at four Atlantic Fleet locations.
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VIDEO 
As fears of the June Federal Reserve rate hike subsided the GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17, 500.94, the S&P500 gained 12.28 to 2, 052.32, and the NASDAQ closed up 57.02 points to 4, 769.56.
