Space exploration is a tricky calculation for politicians. Although the long-term benefits are real, it can be difficult to justify the seemingly enormous price tags in the short term, particularly when there is no shortage of people willing to howl that those billions could be spent closer to home. This push-pull is in some ways a design feature for Orbital Sciences (NYSE:ORB). As one of the only companies out there devoted to space-based systems, Orbital would seem to offer a golden ticket to the U.S. government - the opportunity to continue to reap the benefits of space activity while also cutting costs and encouraging the private sector to take a larger role.
From the Mundane to the Magnificent
Orbital Sciences has been at this quite a while, so long in fact that quite a few institutional investors have gotten bored with the name. That overlooks the fact that the company has actually accomplished quite a lot. This company not only sells missile defense target vehicles to the Department of Defense, but is also a viable player alongside The Boeing (NYSE:BA), Raytheon (NYSE:RTN), Lockheed Martin (NYSE:LMT) and Alliant Techsystems (NYSE:ATK) in areas like launch vehicles, satellites and space systems.
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http://stocks.investopedia.com/stock-analysis/2011/Orbital-Sciences--Profits-In-The-Final-Frontier-ORB-BA-RTN-LMT1209.aspx
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