We have shown that the use of evolutionary gravitational constants G, the speed of light c, and cosmological constant Λ in the Einstein’s field equations leads to a very simple model that fits the supernovae Ia data with a single parameter as well as the standard ΛCDM model with two parameters, and has the predictive capability superior to the latter. We have shown that at the current time G and c both increase as dG/dt = 5.4GH₀ and dc/dt = 1.8cH₀ with H₀ as the Hubble constant, and Λ decreases as dΛ/dt = −1.2ΛH₀. Negative finding on the variation of G with time derived from the analysis of lunar laser ranging data in several studies has been attributed to the fact that these studies did not consider the variation of c simultaneously with G.