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Home Financial Reports

GovCon Index Demonstrated Strong Performance Last Week

by Ireland Degges
April 29, 2024
in Financial Reports, News
Growth arrow up and graph data presentation_272x270

Growth arrow up and graph data presentation_272x270

Executive Mosaic’s GovCon Index closed at $4,938.26 last week, a 1.91% increase from the week before.

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GovCon Index is an aggregate index that tracks data from 30 key government contracting organizations in real time. This information allows users to assess the performance of each individual company while gaining insights into the broad financial trends shaping the industry today.

AeroVironment soared to the top of last week’s ranks with a 22.56% rise, and V2X experienced an increase of 13.85%. Tetra Tech grew by 5.39%, earning the company the third place slot, and Mercury Systems rose by 4.34%. Palantir (+4.26%) was close behind.

With an increase of 1.21%, Monday was GovCon Index’s highest growth day. These gains continued until Friday, when the GovCon Index dipped by 0.60%.

To get the full story on daily GovCon Index performance, check out last week’s market reports. To access the full list of tracked companies, click here.

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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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