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Home Financial Reports

GovCon Index Rose Slightly Last Week

by Ireland Degges
June 1, 2024
in Financial Reports, News
Growth arrow up and graph data presentation_272x270

Growth arrow up and graph data presentation_272x270

Last week, Executive Mosaic’s GovCon Index was kept afloat by a small overall increase of 0.08%. This slight uptick pushed the average to $5,055.57.

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GovCon Index is an aggregate index that collects and presents stock market data from 30 major government contracting companies in real time. With this information, users are able to assess the performance of each tracked organization while examining shifting trends in the vast GovCon space.

With an increase of 8.60%, Fluor Corporation was last week’s top gainer. Booz Allen Hamilton (+3.92%) and Parsons (+3.46%) were second and third, respectively. The Carlyle Group, which grew by 3.37%, earned fourth place, and AeroVironment (+2.97%) came in fifth.

GovCon Index began the week with a 0.24% rise and stayed in positive territory until Thursday, when a decrease of 0.89% disrupted its momentum. On Friday, gains of 0.64% reversed this downward turn.

For an in-depth look at daily GovCon Index performance, check out last week’s market reports. To access the complete list of tracked companies, click here.

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