Relativity Space has bagged its first public government contract, and with a major defense contractor at that. The launch startup's 3D-printed rockets are a great match for a particularly complex mission Lockheed is undertaking for NASA's Tipping Point program. The mission is a test of a dozen different cryogenic fluid management systems, including liquid hydrogen, which is a very difficult substance to work with indeed.
Well, Elon Musk must be feeling very flattered today. For 54 years, the Soviet Union and then Russia have been flying variants of their "Soyuz" rocket to send astronauts, satellites, and cargo to space. Last week, though, Russian Space Agency Roscosmos announced that it will design and build a new space rocket -- a new reusable space rocket -- dubbed the "Amur" to carry Russia's space program through the rest of the 21st Century.
Lockheed (LMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.