Executive Mosaic’s
GovCon Index closed down sharply after Monday’s rally. The Index hit a new two month low to close at 79.605 off 1.39 percent on the day. Declining shares outpaced advancing 28 to 2.
The markets responded to further uncertainty about an increase in U.S. interest rates, and a significant slide in oil prices due to cut in crude oil demand.
WTI crude dropped to $45.63, down 2.58 percent
Market Summary
Index Value Net Change % Change GovCon Index 79.605 -1.122 -1.39% S&P 500 2, 127.02 -32.02 -1.48% Dow Jones Industrial Average 18, 066.75 -258.32 -1.41% NASDAQ 5, 155.25 -56.63 -1.09%
Advancing GovCon Index Issues 2 Declining GovCon Index Issues 28 Unchanged GovCon Index Issues 0
Lowest GovCon Index Net Performers
Symbol Company $ Current Price Net Change ¾ % Change MCK McKesson Corp.* 175.84 -4.63 -2.57% HII Huntington Ingalls 160.90 -3.81 -1.94% LLL L-3 Communications 146.64 -2.31 -1.55%
Lowest GovCon Index Percentage Performers
Symbol Company $ Current Price Net Change % Change ¾ GIB CGI Group 46.11 -1.76 -3.68% MMS Maximus Inc. 57.01 -1.75 -2.98% EGL Engility Holdings 29.43 -0.86 -2.84%
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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