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Noc stock price currently shows a year-to-date gain of
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NOC stock price currently shows a year-to-date gain of 12.4%, outperforming most defense peers thanks to strong aerospace systems sales. As to the first challenge, Rocket Lab's current market cap is a hefty $22 billion, or roughly two-thirds of the likely size of the entire launch industry 10 years from now. While its revenue is likely to grow enough to pull the company out of the red and into the black in the meantime, the company needs to improve its current top line by a factor of about 20 to have a reasonable shot at justifying its current sales-based valuation. Sure, anything's possible. Not everything is likely or realistic, though. Its satellite and space technology business will help, but may not help enough, as rivals also develop comparable solutions. $NOC insiders have traded $NOC stock on the open market 68 times in the past 6 months. Of those trades, 0 have been purchases and 68 have been sales. NOC stock price traded in a tight range between $458 and $465 today, suggesting investor caution ahead of the upcoming quarterly earnings call next week.