Entering text into the input field will update the search result below

Orbital ATK could 'upset' SpaceX, ULA in Air Force contracts, Jefferies says

Apr. 23, 2018 4:31 PM ETThe Boeing Company (BA) StockBA, LMT, NOC, OABy: Carl Surran, SA News Editor15 Comments
  • The United Launch Alliance joint venture between Boeing (NYSE:BA) and Lockheed Martin (NYSE:LMT), along with SpaceX, are the two go-to rocket suppliers for the U.S. Air Force, but Jefferies analysts think the next round of contracts could see Orbital ATK (NYSE:OA) gain a foothold.
  • "An eventual down-select for the program would require unseating two well positioned competitors in ULA and SpaceX," Jefferies says. "Despite this, Orbital ATK has many aspects of the offering that position it for what we would view as an upset."
  • Part of this comes through synergies from OA's pending acquisition by Northrop Grumman (NYSE:NOC), which Jefferies says gives both companies greater reach into the growing space economy.
  • OA also has a "diverse business base, across space and defense" that provides "an operational advantage," Jefferies says, and "the manufacturing and supply base also would be leveraged across the company's strategic rocket and launch vehicle business."

Recommended For You

About BA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BA--
The Boeing Company