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GovCon Index Soared Upward Last Week

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GovCon Index Soared Upward Last Week

Executive Mosaic’s GovCon Index rose by 0.89% last week, closing at $4,741.09 on Friday. 

GovCon Index is an aggregate index that tracks real-time data from 30 key government contractors, allowing users to gauge the performance of each company. With these insights, users are also able to assess the overall state of the GovCon market and identify key trends shaping the field.

Last week’s increase represents a 1.935% uptick from the week before and a continuation of a four-week growth trend.

GovCon Index began last week with a Monday slump, but quickly rebounded on Tuesday, when it grew by 0.90%. Palantir Technologies led this rise with an increase of 30.8% and Carlyle Group (+8.64%) ascended to first place on Wednesday. Palantir retook the lead on Thursday, and Mercury Systems (+11.7%) was Friday’s top gainer.

For a closer look at daily GovCon Index performance, check out last week’s market reports. To see the full list of tracked organizations, click here.