Compare Companies
| Field | 🇺🇸 Northrop GrummanNYSE: NOC | 🇺🇸 Lockheed MartinNYSE: LMT | 🇺🇸 BoeingNYSE: BA | 🇺🇸 RTX CorpNYSE: RTX |
|---|---|---|---|---|
| Type | public | public | public | public |
| Country | 🇺🇸 United States | 🇺🇸 United States | 🇺🇸 United States | 🇺🇸 United States |
| Founded | 1994 | 1995 | 1916 | 2020 |
| CEO | Kathy Warden | Jim Taiclet | Kelly Ortberg | Chris Calio |
| Mkt Cap / Valuation | $78.0B | $118.7B | $187B | $238B |
| Employees | ~95,000 | ~123,000 | ~182,000 | ~180,000 |
| Sector | Defense & Space Infrastructure | Defense & Space Systems | Aerospace & Human Spaceflight | Defense & Aerospace Systems |
| Last raise / Last filing | 10-K filed | 10-K filed | 10-K filed | 10-K filed |
| Top risks | Space Systems revenue declined 6% in FY2025 due to wind-down of a canceled classified Space Force program and losing the NGI (Next-Generation Interceptor) contract to Lockheed; recovery depends on new wins.; Sole-source SLS SRB position faces existential risk if NASA accelerates the Starship Human Landing System and reduces Artemis mission count post-Artemis III. | F-35 production and sustainment cost overruns remain the largest risk — the program accounts for ~27% of total LMT revenue and any new fixed-price concessions could impair earnings.; SDA tracking-layer satellites are fixed-price development contracts; cost overruns like those seen on Boeing/SLS could compress Space segment margins. | Starliner program carries $2B+ in cumulative cost-to-complete charges and NASA has modified the contract to remove crewed missions until further notice — program termination remains a non-trivial risk that would require additional write-downs.; Boeing's $45B+ net debt, ongoing 737 MAX production ramp, and 10% workforce reductions constrain capital allocation to space, limiting its ability to invest in new programs or absorb further fixed-price development losses. | Pratt & Whitney GTF powder-metal disk inspection program: 1,200+ engines required early removal/shop visits for inspection of defective powder-metal discs — RTX took $3B+ charges in 2023; residual liability and airline compensation claims remain a risk.; Raytheon missile production capacity constraints limit revenue growth in the near term despite record $107B defense backlog; supply chain bottlenecks on Patriot/AMRAAM components could delay deliveries. |
| Next catalyst | Gateway HALO + PPE combined launch (lunar orbit) (2027-Q4) | Artemis II crewed lunar flyby (LMT Orion prime) (2026-Q2) | Starliner-1 uncrewed test flight (cargo configuration) (2026-Q2) | Raytheon defense backlog conversion and margin recovery (2026-Q2) |
Maximum 4 companies. Pass slugs in the ids query parameter, comma-separated. Try SpaceX vs Blue Origin vs Rocket Lab vs Firefly.