The Space Investor - 🚀 Electron Launches from U.S.

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• Morgan Stanley: $PL Equal Weight rating issued with a $6 price target
  • Analyst Matthew Sharpe is bullish on the public benefit company noting their "first mover advantage and pipeline of new products and technology should allow it to outgrow the market substantially."
     
• KeyBanc: $SPCE issued Sector Perform rating
  • Analyst Michael Leschok was optimistic about the company, noting "first mover [advantage] in space tourism and is making progress toward potential long-term profits".
     
• William Blair: Downgraded $VSAT
  • Analyst Louie DiPalm cited recent outperformance of the stock and increased competition. "In our view, high leverage, capex, and competition may offset the positive developments from Delta Airlines ($DAL) February 1st rollout of free Wi-Fi."

• $LMT Space Segment
  • Net Sales: $11.5B, -2% YoY
  • Oper Profit: $1.1B, -8% YoY
  • Oper Margin: 9.1% vs. 9.6% YoY
  • Total Equity Earnings (ULA): $100M
  • Shares: +1.8%
     
• $BA Defense, Space & Security 
  • Revenue: $23.1B, -13% YoY
  • Oper. Earnings: $(3.5)B vs. $1.5B
  • Oper. Margin: (15.3)% vs. 5.8% YoY
  • Backlog: $54B, 28% from non-U.S.
  • Shares: +0.3%
     
• $GD Aerospace
  • Revenue: $2.4B, -4% YoY
  • Oper. Earnings: $337M, -5% YoY
  • Oper. Margin: 13.8%, flat YoY
  • Backlog: $19.5B, +20% YoY
  • Shares: -3.6%
     
• $NOC Space Systems
  • Sales: $12.2B, +16% YoY
  • Oper. Income: $1.2B, +3% YoY
  • Oper. Margin: 9.4% vs. 10.6% YoY
  • Shares: -4.3%

• On Tuesday evening, the “Virginia is for Launch Lovers” mission from NASA’s Wallops Flight Facility was the Company's 33rd Electron mission to date.
   
• The mission deployed three satellites for radio frequency geospatial analytics provider HawkEye 360, bringing Rocket Lab's successfully deployed to orbit count up to 155 satellites.

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