Executive Mosaic’s
GovCon Index closed down sharply to reach a two month low. The Index retreated back to levels not seen since early July with all thirty companies declining.
Markets responded to intensified fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly ten month hiatus.
Companies have benefited from lower borrowing costs which have been reflected in their stock prices. Investors responded to the potential of the Fed tightening interest rates.
Market Summary
Index Value Net Change % Change GovCon Index 79.822 -1.879 -2.30% S&P 500 2, 127.81 -53.49 -2.45% Dow Jones Industrial Average 18, 085.45 -394.46 -2.13% NASDAQ 5, 125.91 -133.57 -2.54%
Advancing GovCon Index Issues 0 Declining GovCon Index Issues 30 Unchanged GovCon Index Issues 0
Lowest GovCon Index Net Performers
Symbol Company $ Current Price Net Change ¾ % Change MCK McKesson Corp.* 176.09 -6.95 -3.80% BA Boeing* 128.53 -4.37 -3.29% RTN Raytheon* 136.08 -3.60 -2.58%
Lowest GovCon Index Percentage Performers
Symbol Company $ Current Price Net Change % Change ¾ I Intelsat 2.65 -0.20 -7.02% CAE CAE 13.85 -0.64 -4.42% ACM AECOM 28.86 -1.28 -4.25%
Amentum was the incumbent supporting NISSC II while the government prepared the follow-on NISSC III acquisition.
The Navy's Strategic Systems Programs obligates at award $30.7M in funds for engineering work that runs through September 2028.
REDLattice has agreed to merge with Bold Eagle to become a Nasdaq-listed company at a $1.25 billion pre-money enterprise value.
Brooks Consulting's Chuck Brooks, a GovCon Expert, says acquisition speed and technology convergence are defining U.S. security.
TSA conducted about 1,660 tests at 800 locations during fiscal 2025 under the ATSS requirement.
Kratos has promoted Bill Wilson to lead its C5ISR systems division, where he will oversee military hardware and mobility systems.
Troy Edgar, second-in-command at the Homeland Security Dept., will open Potomac Officers Club's GovCon-focused 2026 Homeland Summit
Andrew Thompson previously served as head of global signals operations at Google.
Leidos holds the incumbent contract covering roughly 430 airport locations.
The IDIQ is expected to run through Sept. 23, 2031, with work locations to be determined with each order.
The Air Force has released a draft solicitation for the potential $2 billion GUARD IDIQ for integrated base defense security…
The combined capabilities of Detroit Defense and Athenix will support operations in complex and contested environments.
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