Executive Mosaic’s GovCon Index rose by 1.86% last week, reversing a three-week downward trend and lifting the average to $4,979.17.
GovCon Index is an aggregate index that tracks real-time data on the stock market performance of 30 major government contracting organizations. With the information it provides, users can come to their own conclusions about the financial state of the GovCon marketplace and assess the performance of each individual company.
With an increase of 8.75%, V2X led the way as GovCon Index swung back into positive territory. Accenture came in second with an increase of 7.21%, and HII, which grew by 4.20%, was third. Fourth and fifth place were claimed by Kratos (+4.12%) and L3Harris (+3.57%), respectively.
On Monday – the highest growth day of the week – GovCon Index rose by 0.84%. Its upward trajectory continued through Thursday, but came to a halt on Friday with a minor drop of 0.04%.
Check out last week’s market reports for more information on daily GovCon Index performance. Click here to view the full list of tracked companies.