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2 Space Stocks to Buy in February
Yahoo Finance· 2026-02-10 16:05
Group 1: Space Economy Overview - The space economy includes companies like SpaceX, Rocket Lab, and AST Space Mobile, which are in early stages and not yet profitable [1] - Established companies such as Lockheed Martin and Honeywell are highlighted as potential investment opportunities in the growing space economy [2] Group 2: Lockheed Martin - Lockheed Martin is recognized not only as a defense contractor but also as a key player in the space economy, involved in building space infrastructure and manufacturing satellites [5] - The company has a contract worth up to $1 billion from the Space Development Agency to produce 18 satellites for missile tracking capabilities [6] - Lockheed's space segment generated $13 billion in sales last year, with a backlog nearing $40 billion [7] Group 3: Honeywell - Honeywell is an industrial conglomerate contributing to space exploration through inertial navigation systems, sensors, and avionics for satellites and launch vehicles [8] - The company reported a 10% increase in defense and space sales in the fourth quarter, driven by elevated global demand [9]