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Home Financial Reports

GovCon Index Finished in the Red Last Week

by Ireland Degges
June 4, 2024
in Financial Reports, News
Decline_272x270

Decline_272x270

Executive Mosaic’s GovCon Index ended last week with an average of $4,998.95, a 1.13% decrease from the previous week and a shift away from a six-week growth trend.

Table of Contents

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GovCon Index is an aggregate index that tracks real-time stock market data from 30 key government contracting companies. It presents this data in a dynamic format that enables users to evaluate the performance of each of these organizations while gaining insights into the overall financial state of the GovCon marketplace.

Many companies demonstrated individual success in the midst of last week’s decline. With an increase of 4.28%, V2X was last week’s top gainer. Fluor Corporation achieved second place,  rising by 3.32%. Palantir (+3.09%) followed, and Boeing (+1.74%) claimed the fourth slot in the ranks. Fifth place was taken by RTX (+1.43%).

Though last week was characterized by general losses, GovCon Index rose from the ashes on Friday, when it grew by 1.12%.

Check out last week’s market reports to get a closer look at daily GovCon Index performance. Click here to view the complete list of tracked companies.

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About ExecutiveGov

ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency.

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