Executive Mosaic’s GovCon Index recorded another week of gains, rising by 0.69% last week. This growth lifted the average to $5,218.19.
GovCon Index offers users a real-time look at stock market data from 30 notable government contracting enterprises, enabling them to gain key insights into the current state of the expansive GovCon marketplace and the performance of each tracked company.
Parsons demonstrated the highest growth last week with an increase of 13.85%. ICF (+10.17%) also hit double digits. Tetra Tech took third place with an 8.46% rise and Lockheed Martin (+4.37%) was fourth. Booz Allen Hamilton, which grew by 2.88%, came in fifth.
GovCon Index began last week with a slight uptick of 0.16% and continued to move upward until Thursday, when it dropped by 0.45%. Despite additional losses on Friday, GovCon Index was able to maintain a winning streak for the fourth consecutive week. GovCon Index experienced the highest growth on Wednesday, when it rose by 1.33%.
For more information on daily GovCon Index performance, check out last week’s market reports. To view the full list of tracked companies, click here.