Executive Mosaic’s GovCon Index sustained a 2.45% decline during the first week of December, closing at an average of $5,176.36.
GovCon Index tracks and displays real-time stock market data for 30 major government contracting organizations. Site visitors can use this information to analyze each enterprise’s performance and examine the GovCon environment’s overall trends.
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Palantir’s AI Stock Growth
Palantir Technologies’ stock rose 13.8% in five days and increased 6.22% before the weekend. On Friday, the data analytics firm announced that it will partner with Anduril, a defense technology company, to enhance the adoption of AI for national security initiatives.
At $76.34 per share, Palantir’s stock has increased 344.61% year-to-date. AI company NVIDIA is runner-up to Palantir with a 187.71% increase.
On Tuesday, Palantir also revealed the company received a FedRAMP high baseline authorization from the U.S. government for its two cloud service products.
AeroVironment’s Stock Loss
AeroVironment recorded a 15.88% loss on Thursday and a 16.03% decrease during the week. In response to the company’s drop in drone sales this year, AeroVironment’s fiscal year 2025 net revenue declined 136.5% year-over-year to $7.54 million.
Visit GovConIndex.com to view the full list of tracked organizations and learn more about daily GovCon Index performances.