GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided.
The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq gained 57.02 points to reach 4, 769.56.
The GovCon Index closed with 27 gainers.
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* 182.29 +1.33 +0.73% MMS Maximus 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 55.34 +1.32 +2.44% SAIC SAIC 53.30 +1.18 +2.26%
*S&P 500 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 77.776 +0.705 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%
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
The small business RMAS contract carries a $1.5B ceiling, while the full-and-open PLS contract has a $6.09B ceiling over 10…
CACI reported an 8.2 percent revenue increase to $2.5 billion for Q1 FY27 and raised its fiscal 2027 revenue and…
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The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided.
