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September 19 Market Report: Executive Mosaic’s GovCon Index Rises, US and Global Markets Rally

Executive Mosaic’s GovCon Index rose 0.92% to $5,268.96, snapping its two-day losing streak. Global markets and investors digested the US’s oversized rate cut, resulting in sharp rallies. The blue-chip Dow Jones Industrial Average (+1.26%) and S&P 500 (+1.70%) closed at new all-time highs, while the tech-heavy Nasdaq Composite surged 2.51%.

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Leidos Partners With Permion on AI Use in National Security

Leidos and Permion will work to accelerate the use of artificial intelligence in critical national security mission sets under a strategic collaboration. The collaboration will involve the use of Permion's X-Machines Instruction Set Architecture and Leidos' technology capabilities. The XVM-ISA platform will improve applications and capabilities that can be deployed on the tactical edge, on-premises or in the cloud, Leidos said Monday.