Executive Mosaic’s GovCon Index fell by 1.33% last week, closing with an average of $4,879.92.
GovCon Index is an aggregate index that gathers data on the stock market performance of 30 top government contracting companies. This information is presented in real time, enabling users to gain an understanding of the evolving trends currently shaping the GovCon market and the current position of each tracked organization.
Defying overall losses, Mercury Systems grew by 7.47% last week, claiming the top spot in the ranks. With gains of 6.98%, Palantir took second place, and Kratos (+2.96%), came in third. Fluor Corporation was next with a 1.74% increase, and CGI (+1.58%) followed.
The current downward trend began in early June. Since then, GovCon Index has only experienced one week of overall growth.
To access additional information on daily GovCon Index performance, check out last week’s market reports. Click here to view the complete list of tracked companies.