Hello, Guest!
  • Friday, November 22, 2024

March 9 Market Close: GovCon Index Down, While Stock Markets Close Up and WTI Drops Below $50


Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow.

GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for the second day in a row.

WTI crude fell below the $50 mark to close at $49.63 per barrel (lowest settlement since November).

Market Summary

Index Value Net Change % Change
GovCon Index 92.798 -0.114 -0.123%
S&P 500 2,364.87 +1.89 +0.08%
Dow Jones Industrial Average 20,858.19 +2.46 +0.01%
NASDAQ 5,838.81 +1.25 +0.02%
Advancing GovCon Index Issues 11
Declining GovCon Index Issues 19
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change –´ % Change
OA Orbital ATK 99.34 +2.52 +2.60%
LLL L3 Technologies* 169.81 +2.26 +1.35%
MCK McKesson Corp.* 149.47 +1.64 +1.11%
LMT Lockheed Martin* 268.68 +0.96 +0.36%
NOC Northrop Grumman* 244.12 +0.55 +0.23%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change –´
OA Orbital ATK 99.34 +2.52 +2.60%
KBR KBR 14.74 +0.29 +2.01%
LLL L3 Technologies* 169.81 +2.26 +1.35%
MCK McKesson Corp.* 149.47 +1.64 +1.11%
GIB CGI Group 46.59 +0.31 +0.67%

GovCon Index Decliners

Symbol Company $ Current Price Net Change –¾ % Change
EGL Engility Holdings 28.44 -2.02 -6.63%
HII Huntington Ingalls 213.70 -1.68 -0.78%
BA Boeing* 180.57 -1.17 -0.64%

*Companies Included in S&P500 Index

Video of the Day

Related Articles

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs Financial Reports

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs

Lockheed Martin (NYSE: LMT) generated $17.2 billion in net sales during the first quarter of 2024, up 14 percent from the prior-year period’s $15.1 billion, and reported $1.5 billion in Q1 net earnings, or $6.39 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.8 billion in cash to shareholders through

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted Executive Moves

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted

Scott Wood, formerly vice president of programs at Leonardo DRS (Nasdaq: DRS), has been named VP of defense programs at T-Rex Solutions, a provider of information technology modernization services to government agencies. He will manage the company’s growth strategy and oversee the delivery of IT products and services to the Department of Defense in his

Lockheed Lands $157M USAF Joint Air-to-Surface Standoff Missile Enterprise Software Sustainment Contract Contract Awards

Lockheed Lands $157M USAF Joint Air-to-Surface Standoff Missile Enterprise Software Sustainment Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems division has secured a $157 million contract to help the U.S. Air Force sustain the enterprise management software of the service branch’s air-launched cruise missile system. The contractor will perform sustainment and modernization of the Joint Air-to-Surface Standoff Missile enterprise management software, build operational real-time combat analysis