Executive Mosaic’s GovCon Index grew by 0.88% last week, extending an upward trend that has now been present for three consecutive weeks. With this rise, the average was brought to $4,923.43.
GovCon Index is an aggregate index that collects real-time stock market data from 30 of the GovCon industry’s most notable companies. This information provides users with a look into the performance of these organizations as well as the broad trends sweeping the marketplace today.
Last week’s growth trend was led by Leidos, which increased by nearly 8%. Tetra Tech, which went up by 7.34%, was the closest follower. The third spot was taken by Boeing (+6.99%), and the fourth was claimed by AeroVironment (+6.33%). Curtiss-Wright came in fifth, rising by 5.28%.
GovCon Index grew nearly every day last week, with Tuesday being the exception. That day, GovCon Index fell by 0.63%, a decrease that was mitigated by gains later in the week. The highest growth day was Friday, when GovCon Index rose by 0.58%.
Check out last week’s market reports to get a more detailed look at daily GovCon Index performance. To access the full list of tracked companies, click here.