Hello, Guest!
  • Monday, November 18, 2024

September 6 Morning Report: GovCon Index Snaps Losing Streak to Register Weekly Gain


GovConIndexUPExecutive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September.

The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as the top advancer and 12 other GCI companies in the green.

Index stocks for CGI Group (NYSE: GIB),  General Dynamics (NYSE: GD), Harris Corp. (NYSE: HRS),  ICF International (Nasdaq: ICFI) and Science Applications International Corp. (NYSE: SAIC) hit 52-week highs during intraday trade.

Market Summary

Index Value Net Change % Change
GovCon Index 81.565 +0.412 +0.508%
S&P 500 2, 179.98 +9.12 +0.42%
Dow Jones Industrial Average 18, 491.96 +72.66 +0.39%
NASDAQ 5, 249.90 +22.69 +0.43%
Advancing GovCon Index Issues 27
Declining GovCon Index Issues 3
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change –´ % Change
CACI CACI International 100.07 +1.41 +1.43%
NOC Northrop Grumman* 213.24 +1.41 +0.67%
BA Boeing* 131.16 +1.26 +0.97%
CUB Cubic Corp. 48.01 +1.20 +2.56%
GD General Dynamics* 153.81 +0.97 +0.63%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –´
I Intelsat 2.75 +0.18 +7.00%
NAV Navistar International 14.07 +0.54 +3.99%
CUB Cubic Corp. 48.01 +1.20 +2.56%
BAESY BAE Systems 29.09 +0.47 +1.64%
ICFI ICF International 43.22 +0.66 +1.55%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change –¾ % Change
VEC Vectrus 26.39 -0.52 -1.93%
MCK McKesson Corp.* 182.98 -0.29 -0.16%
LMT Lockheed Martin* 243.32 -0.29 -0.12%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –¾
VEC Vectrus 26.39 -0.52 -1.93%
MCK McKesson Corp.* 182.98 -0.29 -0.16%
LMT Lockheed Martin* 243.32 -0.29 -0.12%

Video of the Day

Related Articles

SAIC’s Jay Meil on Joint Warfighting & AI Artificial Intelligence

SAIC’s Jay Meil on Joint Warfighting & AI

Joint warfighting is a major focus for the Department of Defense as it works to adapt to the challenges of the modern battlefield, a constantly shifting landscape in which success is determined by data and digital capabilities. Interested in getting a comprehensive look into the intricacies of joint warfighting initiatives? The Potomac Officers Club’s Joint Coalition

Dan Davis Named ASRC Federal Solution Architecture VP Executive Moves

Dan Davis Named ASRC Federal Solution Architecture VP

Dan Davis, a GovCon industry executive, has joined ASRC Federal as vice president of solution architecture. He announced his appointment in a LinkedIn post published Monday. Davis brings to the role his decades of experience leading strategic planning, business development, technology product design and development, systems engineering, procurement, project management, integration and testing initiatives. Prior

USDA Selects 37 Vendors for STRATUS Cloud Basic Ordering Agreement Pool 2 Contract Awards

USDA Selects 37 Vendors for STRATUS Cloud Basic Ordering Agreement Pool 2

The U.S. Department of Agriculture has awarded basic ordering agreements to 37 companies as part of the second pool of the STRATUS program for cloud integration and development support services. USDA issued a request for quotes in late September and received 122 quotes for STRATUS Cloud BOA Pool 2, according to a special notice published