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I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides. (Source: www.fool.com)
According to data from S&P Global Market Intelligence, Lockheed Martin's space business, most of which is tied up in its United Launch Alliance (ULA) joint venture with Boeing, contributed $12.25 billion in revenue to the defense industry giant. Boeing, in contrast, doesn't break out the numbers for its space business solo, instead wrapping them up with defense and security revenue in its Boeing Defense, Space & Security division (BDS). Still, if we assume that as 50-50 partners in ULA, Boeing's space business is of a similar size to Lockheed's, we can estimate the combined value of the two companies' space revenues at about $24.5 billion. (Source: www.fool.com)
TOPSHOT - A logo of a Virgin Galactic is seen outside the building during the company's first day of ... [+] trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) (Source: www.forbes.com)
www.reuters.com)Tesla's Musk Says Stock Sale Impact 'closer to SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla's gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/File Photo (Source: Tax Maximization'