Executive Mosaic’s
GovCon Index reversed it’s Friday closing position with a significant advance to 80.727, up 1.13 percent. All thrifty stock in the index advanced.
Fed Governor Lael Brainard addressing The Chicago Council on Global Affairs “counsels prudence in the removal of policy accommodation.”
Markets move to the positive upon chances of a rate hike at the Fed’s next meeting immediately slumped after news of Brainard’s speech broke.
Market Summary
Index Value Net Change % Change GovCon Index 80.727 +0.905 +1.13% S&P 500 2, 159.04 +31.23 +1.47% Dow Jones Industrial Average 18, 325.07 +239.62 +1.32% NASDAQ 5, 211.89 +85.98 +1.68%
Advancing GovCon Index Issues 30 Declining GovCon Index Issues 0 Unchanged GovCon Index Issues 0
Top GovCon Index Net Performers
Symbol Company $ Current Price Net Change ´ % Change MCK McKesson Corp.* 180.47 +4.38 +2.49% LLL L-3 Communications* 148.95 +1.94 +1.32% GD General Dynamics Corp.* 151.81 +1.90 +1.27% BA Boeing* 130.12 +1.59 +1.24% HON Honeywell Intern. Inc. * 113.49 +1.48 +1.32%
Top GovCon Index Percentage Performers
Symbol Company $ Current Price Net Change % Change ´ I Intelsat 2.83 +0.18 +6.79% NAV Navistar Intern. 19.05 +0.56 +3.03% MCK McKesson Corp.* 180.47 +4.38 +2.49% CSRA CSRA* 26.78 +0.58 +2.21% LDOS Leidos Holdings Inc. 42.32 +0.83 +2.00%
Barry Tanner is now permanent DON CIO and headlines POC's 2026 Navy Summit on Aug. 27, his first public appearance…
Army Contracting Command at Redstone Arsenal awarded Parsons a time-and-materials IDIQ contract.
MANTECH has named tech industry veteran Christopher Copeland chief innovation officer and Navy veteran Brian Keith as digital chief.
Former Bell supply chain executive Michael Loeffler will lead BAE Systems Inc.'s supply chain organization.
Mike Horton spent nearly 18 years at DHS, holding leadership roles such as chief data officer and acting deputy CIO.
CBP plans to reserve the firm-fixed-price C-NET award for small businesses, with Syzygy serving as the incumbent.
Jariet Technologies has operations in the U.S. and Switzerland and specializes in RF transceiver integrated circuits.
The Army has opened an on-ramp solicitation for the TEIS IV contract for USAISEC systems engineering and IT support.
From a $3.5 billion service craft contract to T-6/T-34 aircraft maintenance, see five contract opportunities at the U.S. Navy.
Noblis has acquired FTS International, expanding its intelligence, defense and space mission engineering and analysis capabilities.
The all-cash purchase of Epiq will expand TTM's reach in signals intelligence, electronic warfare and missile defense mission areas.
Gainey's career credits include co-founding the Department of War's first Joint Counter-small Unmanned Aircraft Systems Office in 2020.
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