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Home Financial Reports

Midweek Gains Led GovCon Index Growth Last Week

by Ireland Degges
April 29, 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 0.09% last week, closing at $4,844.11.

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GovCon Index is an aggregate index that collects real-time data from 30 major government contractors. This information enables users to assess each company’s performance and analyze the overall financial state of the GovCon market while getting a glimpse into the broad trends shaping the field.

Last week, Palantir secured the top spot in the ranks, rising by 7.86%. Mercury Systems took second place with a 4.71% increase, and AeroVironment (+4.26%) trailed closely behind. The fourth and fifth slots were filled by Textron (+3.06) and The Carlyle Group (+2.13%), respectively.

GovCon Index’s growth last week was carried by midweek increases. It fell slightly on Monday, but bounced back on Tuesday with a 0.23% rise, beginning a growth trend that was maintained through Thursday. On Friday, GovCon Index fell by 0.15%.

Check out last week’s market reports for more details on daily GovCon Index performance. To view 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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