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Home Financial Reports

GovCon Index Soared Upward Last Week

by Ireland Degges
May 13, 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 rose by 0.89% last week, closing at $4,741.09 on Friday.

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GovCon Index is an aggregate index that tracks real-time data from 30 key government contractors, allowing users to gauge the performance of each company. With these insights, users are also able to assess the overall state of the GovCon market and identify key trends shaping the field.

Last week’s increase represents a 1.935% uptick from the week before and a continuation of a four-week growth trend.

GovCon Index began last week with a Monday slump, but quickly rebounded on Tuesday, when it grew by 0.90%. Palantir Technologies led this rise with an increase of 30.8% and Carlyle Group (+8.64%) ascended to first place on Wednesday. Palantir retook the lead on Thursday, and Mercury Systems (+11.7%) was Friday’s top gainer.

For a closer look at daily GovCon Index performance, check out last week’s market reports. To see the full list of tracked organizations, click here.

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About ExecutiveGov

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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