Top-notch Stock to Watch: Northrop Grumman (NOC)

Northrop Grumman (NYSE: NOC) has provided some facts concerning the development of the first module for a moon-orbiting station. The corporation has chosen a contractor for a new communications technology and may in the future purchase a viable business.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


NOC was awarded a contract in 2019 to develop the first livable module for the Gateway circumlunar facility. This came as a surprise, but a module named HALO (Gateway Habitation and Logistics Outpost) is already in the works, with Northrop planning to finish assembly and launch preparations in 2024.

The module is significant because it is the first component of an ambitious effort to build the most distant livable space station in astronautic history. And Northrop Grumman (NOC) incorporates cutting-edge technology into it with the expectation of many years of operation.

The HALO module will reportedly employ a Wi-Fi space router from the private business Solstar Space. This is similar to a home router, however, it is designed to function in space. It will enable communication within the module, as well as communication with other modules and the Moon-Earth communication system.

Cables were previously used for this. Aside from the difficulty of placing connectors and running wires, it was often necessary to go into space and manually attach plugs to the new module. A wireless network does not have these issues since containers containing experiments or other equipment do not even need to be physically attached to the station.

NASA intends to establish a wireless network dubbed LunaNet in lunar orbit in the future to enable continuous contact between all spacecraft, including lenders, and the Earth. This is a new route for Northrop Grumman’s (NOC) space Internet of things. It is not impossible that Solstar Space will someday merge with Northrop.

The stock has lost -0.61 percent in the last month, gained 8.25 percent in the last three months, and gained 25.10 percent in the last six months. NOC is predicted to have experienced 3.50 percent price volatility in the last week and 2.80 percent volatility in the previous month.

Latest

5 Best NFTs Stocks to Buy In 2022

It is no secret that investors are looking to...

The Kraft Heinz Company (KHC) Earnings Preview: What to Expect From Earnings

The Kraft Heinz Company (NASDAQ: KHC) intends to submit...

Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

Newsletter

 

Don't miss

Beating Analyst Forecasts and Coming Out on Top: Confluent Inc. (CFLT)

Confluent Inc. (NASDAQ: CFLT) reported its second-quarter earnings last...

Qualcomm Incorporated (QCOM): Analyst Viewpoints To Future Growth

In trading on July 14, shares of chipmaker Qualcomm...

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

No matter how cynical the overall market is Howmet Aerospace Inc. (HWM) performance over the last week is recorded 3.09%

Howmet Aerospace Inc. (NYSE: HWM) on August 15, 2022, started off the session at the price of $38.26, soaring 0.44% from the previous trading...

$7.38M in average volume shows that Airbnb Inc. (ABNB) is heading in the right direction

August 15, 2022, Airbnb Inc. (NASDAQ: ABNB) trading session started at the price of $123.55, that was 1.23% jump from the session before. During...

Recent developments with Veru Inc. (VERU) have led to the company’s beta value being reach -0.37 cents.

On August 15, 2022, Veru Inc. (NASDAQ: VERU) opened at $18.85, higher 2.78% from the last session. During the day, the shares moved up...

LEAVE A REPLY

Please enter your comment!
Please enter your name here


134699

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

129712

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam

DOWNLOAD FREE EBOOK

BEST GROWTH STOCKS 2022

We put together a list of the best stocks that we

think can explode over the next 12 months.

134709

SPECIAL GIFT

134710
134711
134712

  What you will Get ?

   Best Growth

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

134713

100% free. stop anytime no spam

GET YOUR FREE COPY NOW

134702

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

DOWNLOAD FREE EBOOK

BEST INFLATION STOCKS 2022

We put together a list of the best stocks that

we think can explode over the next 12 months.

134703

SPECIAL GIFT

134704
134705
134706

  What you will Get ?

   Best Inflation

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

100% free. stop anytime no spam

GET YOUR FREE COPY NOW