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Home Financial Reports

GovCon Index Continued Growth Trend Last Week

by Ireland Degges
May 7, 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 continued to grow with an 0.11% increase that lifted the average to $154.69. The previous week, GovCon Index went up by 0.07%.

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GovCon Index is an aggregate index that tracks data from 30 key government contractors in real time. This information provides users with a glimpse into the performance of each company and broader industry trends, empowering them to assess the financial state of the GovCon market.

CGI led last week’s growth trend with an uptick of 1.22%. The enterprise was followed by HII, which rose by 0.99%. Palantir Technologies (+0.86%) took third place, and the fourth and fifth spots were held by Tetra Tech (+0.62%) and Boeing (+0.41%).

GovCon Index experienced the highest overall growth on Thursday, when it grew by almost 1% after a slump on Tuesday and Wednesday.

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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