Lockheed, Northrop, L3Harris, and Raytheon all have major space businesses buried inside defense conglomerates. Here's how to isolate their space revenue and decide if the crossover premium is worth paying.
Northrop Grumman Space in 2025: 95,000 staff, $39B revenue, Cygnus cargo, JWST prime, SLS boosters, SDA satellites, and the B-21 Raider's dual-mandate portfolio.