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RKLB Stock Climbs Premarket On Landmark US Space Force Contract – How Is It Different From Commercial Launches?
in5points
Rocket Lab's stock (RKLB) rose in premarket trading after winning a landmark contract from the U.S. Space Force.
The multi-launch contract requires Rocket Lab to perform 12 suborbital launches and six additional launches for the U.S. Space Force.
This contract marks Rocket Lab's first major defense contract with the U.S. Space Force, distinguishing it from commercial launches.
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Rajeev Chandrasekhar / Jupiter Capital interests historically