We consider non‐supersymmetric large N orientifold field theories. Specifically, we discuss a gauge theory with a Dirac fermion in the anti‐symmetric tensor representation. We argue that, at large N and in a large part of its bosonic sector, this theory is non‐perturbatively equivalent to 𝒩 = 1 SYM, so that exact results established in the latter (parent) theory also hold in the daughter orientifold theory. In particular, the non‐supersymmetric theory has an exactly calculable bifermion condensate, exactly degenerate parity doublets, and a vanishing cosmological constant (all this to leading order in 1 / N).