Ireland Degges
Executive Mosaic’s GovCon Index fell by 1.34% last week, marking its third consecutive week in decline.
GovCon Index is an aggregate index that provides a look into the stock market performance of 30 major government contracting enterprises. It collects and presents this information in real time, allowing users to assess broad trends in the industry as they shift while gaining key insights into the success of each tracked company.
Aerovironment experienced the highest gains last week, rising by 6.4%. Overall, the company is this year’s top performer so far.
Friday was representative of GovCon Index’s overall losing streak. That day, GovCon Index fell by 0.42%, closing at $4,886.91. Despite ongoing losses, GovCon Index has grown by 4.7% year-to-date.
To get the full scoop on daily GovCon Index performance, check out last week’s market reports. Click here to view the full list of tracked companies.
