Branson Brooks
Executive Mosaic’s GovCon Index as a whole dropped 2.12% last week, closing with an average of $5,377.05 for the period. A key contributor was a notable decline on Thursday, when the GovCon Index fell by 2.26%, the worst since Aug. 5.
The index did, however, make a 0.37% rebound on Friday, closing at $5,375.43 for the day.
GovCon Index tracks stock market data from 30 key government contracting companies. The information it provides allows users to evaluate the standing of each organization in the current GovCon market while gaining insights on broad trends transforming the GovCon space today.
Daily Performance as of Nov. 1
Despite the losses, several companies recorded gains on Friday. Boeing (+3.54%) recorded the highest growth on Friday, with Honeywell Technologies International (+1.71%) and BAE Systems (1.52%) following behind. Textron (+1.29%) came in fourth, while Fluor Corporation (1.17%) rounded out the top five.
To get the full story on daily GovCon Index performance, check out last week’s market reports. Visit GovConIndex.com to view the full list of tracked companies.
