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January 23 Morning Report: GovCon Index Posts Gain on Boost From McKesson, Rockwell Collins


Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13.

McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer.

Pharmaceutical services provider McKesson also led among stocks co-listed in the S&P 500, while avionics maker Rockwell Collins reported first-quarter numbers above Wall Street forecast and noted plans to close its $6.4 billion acquisition of B/E Aerospace (Nasdaq: BEAV) in the spring.

The following GCI companies will report first-quarter earnings this week:

  • Tuesday: Lockheed Martin (NYSE: LMT)
  • Wednesday: Boeing (NYSE: BA) and Textron (NYSE: TXT)
  • Thursday: L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN)
  • Friday: General Dynamics (NYSE: GD)

Market Summary

Index Value Net Change % Change
GovCon Index 88.954 +0.263 +0.297%
S&P 500 2, 271.31 +7.62 +0.34%
Dow Jones Industrial Average 19, 827.25 +94.85 +0.48%
NASDAQ 5, 555.33 +15.25 +0.28%
Advancing GovCon Index Issues 17
Declining GovCon Index Issues 13
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change –´ % Change
MCK McKesson Corp.* 150.28 +2.99 +2.03%
COL Rockwell Collins 91.40 +2.19 +2.45%
CACI CACI International 123.20 +0.95 +0.78%
HII Huntington Ingalls Industries 195.71 +0.89 +0.46%
MMS Maximus 57.08 +0.79 +1.40%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –´
COL Rockwell Collins 91.40 +2.19 +2.45%
MCK McKesson Corp.* 150.28 +2.99 +2.03%
MMS Maximus 57.08 +0.79 +1.40%
CUB Cubic Corp. 48.30 +0.45 +0.94%
CACI CACI International 123.20 +0.95 +0.78%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change –¾ % Change
NAV Navistar International 27.79 -0.84 -2.93%
OA Orbital ATK 88.15 -0.68 -0.77%
LLL L3 Technologies* 151.41 -0.50 -0.33%
SAIC SAIC 83.21 -0.44 -0.53%
NOC Northrop Grumman* 232.11 -0.28 -0.12%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –¾
NAV Navistar International 27.79 -0.84 -2.93%
EGL Engility Holdings 31.67 -0.28 -0.88%
OA Orbital ATK 88.15 -0.68 -0.77%
VEC Vectrus 23.50 -0.14 -0.59%
SAIC SAIC 83.21 -0.44 -0.53%

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