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Home Financial Reports

GovCon Index Jumped Back Into Positive Territory Last Week

by Ireland Degges
August 24, 2024
in Financial Reports, News
Growth arrow up and graph data presentation_272x270

Growth arrow up and graph data presentation_272x270

Last week, consistent gains drove Executive Mosaic’s GovCon Index up by 2.36%. This growth brought the average to $5,342.51 and put GovCon Index back on a positive track that was disrupted the previous week.

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GovCon Index offers users a real-time look into the stock market performance of 30 major government contracting organizations. Individuals can use the data it provides to evaluate the status of each tracked company and gain key insights into current GovCon market trends.

Mercury Systems showcased the strongest performance last week with gains of 11.22%. Aerovironment (+7.57%) came in second place, and Kratos (+6.76%) earned the third slot in the ranks. Booz Allen Hamilton, which rose by 6.71%, was fourth, and Palantir (+6.45%) was fifth.

For the first time since its December launch, GovCon Index grew every day within a one week period.

To get a closer look at daily GovCon Index performance, check out last week’s market reports. Click here to view the full list of tracked companies.

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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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