Rocket Lab Secures Record $266 Million U.S. Space Force Launch Contract
Rocket Lab Corporation (NASDAQ: RKLB) announced its largest launch contract to date, a $266 million deal with the U.S. Space Force for 12 suborbital launches. The work will be performed at the Pacific Spaceport Complex in Alaska and is expected to be completed by December 31, 2028. The stock rose 4.83% in premarket trading following the news. Despite the positive contract, technical analysis shows a bearish short-term trend, with the stock trading 16.7% below its 20-day SMA. Analysts maintain a Buy consensus with an average price target of $105.71. The company is scheduled to report earnings on August 10, 2026, with an estimated loss of 7 cents per share on revenue of $231.79 million. The contract underscores Rocket Lab's growing role in national security space missions.
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