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%
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.
Northrop Grumman has received a potential $508 million MDA contract for ballistic missile flight test and logistics support.
Brooks Consulting's Chuck Brooks, a GovCon Expert, examines how AI, quantum and cybersecurity are reshaping U.S. space security.
OSINT Foundation's Eliot Jardines said advancing OSINT could strengthen the government's use of the data source for national security.
President Trump has appointed Adam Telle, assistant Army secretary for civil works, as acting Army secretary.
From fake USS Abraham Lincoln strike videos to AI F-35 photos, U.S. adversaries are deploying deepfakes to undermine national security.
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.
Northrop Grumman has received a potential $863 million Army IDIQ contract to produce M1156 precision guidance kits.
Valiant will provide flight and classroom instruction for naval aviators, flight officers and aircrew at four Atlantic Fleet locations.
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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.
