The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel.
Four of the five largest U.S. government contractors will report first-quarter earnings in the last week of April, with Lockheed Martin (NYSE: LMT) scheduled for April 26 followed by Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) on April 27 and Raytheon (NYSE: RTN) on April 28.
Top GovCon Index Gainers
| Symbol | Company | $ Current Price | Net Change | % Change |
|---|---|---|---|---|
| BAESY | BAE Systems | 28.16 | +0.61 | +2.21% |
| CAE | CAE | 11.29 | +0.19 | +1.71% |
| NAV | Navistar International | 11.63 | +0.16 | +1.39% |
| VEC | Vectrus | 22.15 | +0.26 | +1.19% |
| GD | General Dynamics* | 132.91 | +1.52 | +1.16% |
* Also listed in the S&P 500 composite index
Market Summary
| Advancing GovCon Index Issues | 21 |
| Declining GovCon Index Issues | 9 |
| Unchanged GovCon Index Issues | 0 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 74.227 | +0.197 | +0.266% |
| S&P 500 | 2, 047.60 | +5.69 | +0.28% |
| Dow Jones Industrial Average | 17, 576.96 | +35.00 | +0.20% |
| NASDAQ | 4, 850.69 | +2.32 | +0.05% |
