Ireland Degges
Executive Mosaic’s GovCon Index bounced back from a losing streak last week, rising by 1.86%. This increase elevated the average to $4,979.17.
GovCon Index is an aggregate index that offers real-time insights into the stock market performance of 30 staple government contracting enterprises. Users can leverage the information it displays to evaluate how well individual companies are doing and make their own assessments about the current state of the GovCon marketplace.
V2X led last week’s turn into positive territory with gains of 8.75%. Accenture also soared, rising by 7.21%, and was followed by HII (+4.20%) and Kratos (+4.12%). The fifth slot in the ranks was taken by L3Harris, which rose by 3.57%.
GovCon Index kicked off last week with an upward swing of 0.84%, making Monday the highest-growth day. It sustained this momentum through Thursday, but fell slightly on Friday, in which it declined by 0.04%.
To get the full scoop on daily GovCon Index performance, check out last week’s market reports. View the full list of tracked companies here.
