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And Russia isn’t alone. Earlier this year, NASA set up a Planetary Defense Coordination Office (PDCO) to — you guessed it — defend the planet from asteroids. In furtherance of that goal, PDCO has been tasked with tracking down 90% of all NEO asteroids by 2020.

Such an ambitious goal will cost money. Indeed, according to website DigitalTrends.com, “millions … in federal money is set to pour into detection efforts” over the coming years.National Defense magazine puts the number at at least $50 million annually, citing the recently passed fiscal year 2016 budget. This naturally raises the question in investors’ minds:

Who will get the loot?
ND identifies several likely suspects who could win these funds, including big defense contractors Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN). Lockheed is the company in charge of building NASA’s Space Fence, designed to keep track of man-made junk orbiting Earth. Lockheed and Raytheon both bid on the contract in 2013 — but only Lockheed won it. Similarly, Lockheed Martin and Ball Aerospace (NYSE:BLL) helped to build NASA’s NEOWISE infrared telescope,specifically designed to detect and track NEOs.

Multiple historic contract wins in the field of space-object detection make Lockheed Martin a logical beneficiary of any new contracts coming out of the PDCO office.  Granted, $50 million might not sound like much to a company like Lockheed (which pulled down $46 billion last year, and is NASA’s single biggest publicly traded contractor). It might seem even less significant, given that Lockheed won’t win all the contracts coming up for bid, and might have to share some of the loot with Raytheon, Ball, or others. But $50 million could be only the starting point.

ND calls $50 million “a drop in the bucket” compared to what it will ultimately cost to categorize all NEO threats, much less develop a means of defeating them. To cite just one example of contracts moving in that direction, in 2022, NASA aims to send a spaceship to asteroid 65803 Didymous in an ambitious experiment to try to push the object into a new orbit far from Earth’s own………http://www.fool.com/investing/general/2016/02/28/why-russia-pointing-nuclear-missiles-at-asteroids.aspx