Market data shows surprising winners and losers among top federal contractors after a year of turmoil

A volatile year across the federal marketplace produced results few expected, with some major contractors posting strong gains while others slipped under the weight of delays and cancellations. New analysis shows how shifting defense priorities, executive‑order signals and program setbacks reshaped the landscape for investors. We break down the biggest surprises and what they signal for 2026 with Paul Murphy, senior contracts analyst with Bloomberg Government.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.