Three space stocks to buy amid Golden Dome spending feature several the most promising companies bringing their respective specialties to market.
Each of the three space stocks to buy have a compelling story of its own. One extends its reach beyond space and defense to nuclear energy, another is a fast-rising manufacturing fabricator and the third is a traditional giant space, defense and aerospace company.
Stocks are up on Tuesday, May 27, on President Donald Trump’s delay until July 9 in imposing 50% tariffs on the European Union (EU). The president reducing tariffs typically lifts the market, while raising tariffs pulls it back
“We do want to state that we are not happy with the sway President Trump has on market swings, even though we are seeing big profits,” wrote Mark Skousen, PhD, a free-market economist, Presidential fellow at Chapman University and the head of the Forecasts & Strategies investment newsletter. “A president has incredible influence on the potential profits of companies based on policy and should show exceeding caution in statements and policy changes, and we are not getting this from the current administration.”
Three Space Stocks to Buy Amid Golden Dome Spending: CW
Professor Skousen, who heads the TNT Trader advisory service with his son Tim Skousen, head of the Forecasts & Strategies investment newsletter, also has been named one of the top 20 living economists in the world (www.superscholar.org).
Mark Skousen, head of Forecasts & Strategies and TNT Trader, meets with Paul Dykewicz.
Curtiss-Wright Corporation (NYSE: CW), of Davidson, North Carolina, is a global business that provides engineered products, solutions and services mainly to aerospace & defense markets, as well as critical technologies in commercial power, process and industrial markets. The company is rated “outperform by Louie DePalma, an aerospace and defense analyst at Chicago-based investment firm William Blair.
The stock also was recommended last fall by Mark Skousen, PhD, in his Five Star Trader advisory service to produce an 18.27% short-term gain, as well as a 207.48% profit from his related recommendation of call options. Skousen’s Five Star Trader services using a stock screening process to choose stocks and related options to recommend.
“We are not happy with the sway President Trump has on market swings, even though we are seeing big profits,” Skousen wrote to his subscribers. “A president has incredible influence on the potential profits of companies based on policy and should show exceeding caution in statements and policy changes, and we are not getting this from the current administration. But for now, we are enjoying positive swings in all of our positions.”
CW recently announced that its Board of Directors authorized an additional $400 million for future share repurchases, increasing the total available authorization to $534 million, and declared a 14% increase in the quarterly dividend to $0.24 per share, payable July 7, 2025, to stockholders of record as of June 16, 2025.
Chart courtesy of www.StockCharts.com.
Three Space Stocks to Buy Amid Golden Dome Spending: KRMN
Huntington Beach, California-based Karman Holdings (NASDAQ: KRMN) is looking to make one or two bolt-on transactions a year as it seeks to bolster both its design and manufacturing capabilities. Karman’s private equity sponsor appears to continue to be involved in sourcing deals, including the company’s most recent transaction, wrote Jason Gursky, Citigroup’s aerospace and defense analyst in a recent research note.
The company suggests that it is not interested in buying at auction or from venture capitalists (VCsS, and that sellers appear to like the idea of selling to Karman as a way to preserve legacy and provide assets a path to continued growth given the company’s demonstrated success with most large space and defense prime contractors, Gursky continued. The pipeline appears full, with many sellers proactively approaching the company, particularly after Karman’s initial public offering (IPO), Gursky wrote.
“Management does not feel it is capacity constrained at this point, and said it’s comfortable operating with leverage in the high twos, to low threes,” Gursky wrote in a May 27 research note. “There appears to be plenty of margin expansion opportunity, though it will likely be limited largely to operating expense leverage. At this point, the company expects gross margins to remain flat as it looks to remain cost competitive against its customer’s capabilities – which the company views to be its primary competition.”
However, Karman is making investments in automation to improve productivity – some of which can accrue to the company over time, Gurksy continued. Further, roughly 90% of revenue is tied to firm fixed price contracts, so margin mix could only head in one direction at this point. However, the company doesn’t expect this given customer’s focus on cost, Gursky wrote.
Chart courtesy of www.StockCharts.com.
As far as participating in the Golden Dome project of President Trump to defend against all kinds of missiles from land, sea or space, Karman’s management is aware the project is planned to be built during the current administration’s tenure. Thus, it will need to rely in part on existing technologies such as THAAD, PAC-3, and SM-3/6, as well as those already in development, such as Next Generation Interceptor (NGI), Gursky wrote.
Further, the company’s management expressed hope it can participate in the system through existing unmanne aerial vehicle (UAV) and space launch programs, Gursky continued. Finally, there have been an industry day or two associated with the new system and there could well be new technologies introduced to help support it, including several of which Karman might be able to help develop and manufacture over time, Gursky added.
Three Space Stocks to Buy Amid Golden Dome Spending: RTX
The White House has proposed a $1 trillion defense budget for fiscal year 2026, said Michelle Connell, a charter financial analyst who heads Portia Capital Management in Dallas. In addition, NATO countries are being pressed to increase their defense spending, she added.
“RTX is supposed to benefit from the recently announced arms agreement with Saudi Arabia,” Connell said. “This and other opportunities bode well for strong defense companies like RTX.”
Michelle Connell owns and is chief investment officer of Portia Capital Management.
There also has been further good news for Arlington, Virginia-based RTX, Connell continued. First, Pratt & Whitney, an RTX subsidiary that builds commercial and military aircraft engines announced an agreement with its labor union. Second, RTX announced a new U.S. Navy contract for AIM-9X Sidewinder missile systems on May 22.
“I would expect that we will see many such announcements, Connell counseled. “And given the current geo-political environment, the announcement pace will also pick up.”
Strong advantages for RTX, Connell commented, include:
- RTX currently has a $218 billion backlog, with 30% from defense,
- Its total backlog is equivalent to 2.5 times RTX’s sales, with only 25% expected to be converted to revenue in 2025,
- The remaining 75% of the backlog won’t be completed and recognized until after 2025,
- The company also is in the middle of a cost reduction program for procuring outside materials.
- The cost-cutting program will allow RTX to significantly boost its profit margins
“In closing, even though RTX is up 28% over the last 12 months and up 15% year to date, I still would be a buyer of the stock,” Connell commented. “Over the past few weeks, several sell-side analysts have increased their targets to $155 per share AND RTX pays a nice dividend of 2%.”
Chart courtesy of www.StockCharts.com.
Three Space Stocks to Buy Amid Golden Dome Spending: Geopolitical Risk Rises
Russia launched its biggest drone attack against Ukraine yet on Monday night, May 26, a Ukrainian official said Monday, escalating bombing that has hurt hopes for a breakthrough to end the brutal three-plus-year-old war. It also marked a third straight night of aerial bombardments, causing President Trump to respond that Russia’s leader Vladimir Putin has gone “crazy” by stepping up attacks on Ukraine.
Russia’s expanded air attacks marked another setback in U.S.-led peace efforts. As President Trump recently expressed optimism for a possible ceasefire, Putin intensified attacks against civilian targets in Ukraine, while attempting to seize additional land from its neighboring country. The Ukrainian government accepted an unconditional 30-day ceasefire in March that was proposed by the United States, but Russia’s leaders instead chose to launch new missile onslaughts against Ukraine.
President Trump took the first official trip of his second administration by visiting Saudi Arabia, Qatar, and the United Arab Emirates, May 13-16, to champion trade deals for American corporations aimed at aiding the U.S. economy but fostering enhanced safety and stability in the region. The trip contributed to more than $2 trillion in trade deals—including a $600 billion investment commitment from Saudi Arabia, a $1.2 trillion economic exchange agreement with Qatar, $243.5 billion in U.S.-Qatar commercial and defense deals, and $200 billion in U.S.-United Arab Emirates commercial deals, according to information posted on the White House website.
The three space stocks to buy amid Golden Dome spending gives investors a trio of opportunities to profit from President Trump’s new multi-layered defense plan.
Paul Dykewicz, www.pauldykewicz.com, is an award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce, Crain Communications, Seeking Alpha, Guru Focus and other publications and websites. Paul can be followed on Twitter @PaulDykewicz, and is the editor and a columnist at StockInvestor.com and DividendInvestor.com. He also serves as editorial director of Eagle Financial Publications in Washington, D.C. In that role, he edits monthly investment newsletters, time-sensitive trading alerts, free weekly e-letters and other reports. Previously, Paul served as business editor and a columnist at Baltimore’s Daily Record newspaper and as a reporter at the Baltimore Business Journal. Plus, Paul is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. The uplifting book is endorsed by Joe Montana, Joe Theismann, Ara Parseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many other sports figures. To buy signed and specially dedicated copies, call 202-677-4457.
