Economic Observation Network Northrop Grumman has a space business and has recently secured large military contracts, resulting in a net inflow of institutional funds without any deterioration in fundamentals.
Business relevance:The company does have space business (such as developing a satellite communication protection prototype for the space army, worth 398 million US dollars) When the market experiences a general decline in sectors, it may temporarily ignore the stability of government orders and classify them as "aerospace" for indiscriminate selling.

The real risk lies not in the decline of space stocks, but in theirVisibility of core defense ordersRecently, the company has won a large number of military contracts, with a net inflow of institutional funds, and the fundamentals have not deteriorated If its defense main business orders continue to be strong, the current valuation (PE about 17 times, at a historical low) will provide support 。

The above content is based on publicly available information and does not constitute investment advice.