Northrop Grumman Corp. (NOC) Social Stream

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Satellites are forming the next frontier of the US military’s defensive capabilities. With two layers of low-orbit satellite networks set for launch throughout the next decade, billions of dollars’ worth of government contracts are already being dispensed to key defense contractors and several private space startups, including SpaceX and United Launch Alliance, a Lockheed Martin – Boeing joint venture.

Though deployment of satellite tech remains in its early stages, the US rollout is already being scrutinized by Chinese scientists. Surely, the big satellite spend of the 2020s is just getting started, but it may end up getting a lot bigger if development of hypersonic missiles and other futuristic weaponry continues to accelerate. $XAR, $NOC, $LMT, $RTX, $LHX

Read More: https://mcalindenresearchpartners.com/2021/08/17/satellite-tech-sucks-up-defense-spending-as-deployment-to-the-next-frontier-begins/?utm_source=stocktwit&utm_medium=mrp_post&utm_campaign=stocktwit_tracking

What Else are NOC Traders Talking About?

Other tickers frequently mentioned alongside NOC are XAR, LMT, RTX and LHX.