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Home Financial Reports

GovCon Index Recorded 2nd Consecutive Week of Growth

by Ireland Degges
August 28, 2024
in Financial Reports, News
Business Growth_272x270

Business Growth_272x270

Executive Mosaic’s GovCon Index grew by 1.23% last week, closing with an average of $5,409.28.

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GovCon Index gathers and displays real-time stock market data from 30 key government contracting companies. This information provides users with a glimpse into the financial performance of each organization and a look at the broad trends currently shaping the GovCon market.

V2X recorded gains of 16.10% last week, earning the enterprise the top spot in the ranks. Kratos, which grew by 7.07%, was second. Third and fourth place were claimed by Booz Allen Hamilton (+4.69%) and Leidos (+4.44%), and fifth was taken by Maximus (+3.64%).

Though last week’s increase did not happen steadily, gains on Monday, Wednesday and Friday overshadowed the losses GovCon Index experienced on Tuesday and Thursday. Last week marked week two of a developing growth trend.

Check out last week’s market reports to get the full story on daily GovCon Index performance. 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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