Orbital Sciences Corp. (NYSE:ORB)
Develops and manufactures small rockets and space systems for commercial, military and civil government customers, including the U.S. Department of Defense, the National Aeronautics and Space Administration and other U.S. government agencies.
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AIA forecast 6% industry growth in 2007, industry employment outlook is very good, foreign sales of commercial satellites is on the rise and recent favorable legislation for the industry help me make this call. This company also has a good mix of revenue streams from defense, commercial and international sources. Their balance sheet looks good but the PE is a little high. I've owned this stock since Mar.
Recs
Strong, steady cash flow. Decent CGQ.
Recs
With big contracts from NASA and Lockheed, Orbital stands to make big gains on the recent focus on space exploration.
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Great space action, plus lots more.
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Junior rocket and satellite company winning new contracts. Potential acquisition?
Recs
Orbital has a strong niche in the smaller range of defense and space systems. Missile defense and small comm sats continue to be cash cows.
Recs
aerospace defebse will be #1 ind. soon
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