Rocket Lab USA, Inc. has secured a position in the U.S. Space Force program, affirming its role in providing launch services for critical national missions.
Rocket Lab’s New Contract
Rocket Lab has been selected as one of the five companies to participate in the U.S. Space Force's National Security Space Launch Phase 3 Lane 1 program. This contract encompasses providing launch services for critical missions valued at up to $5.6 billion.
Role of Neutron Rocket in the Program
The Neutron rocket, a reusable medium-lift vehicle, is set to play a pivotal role in this program. Its debut launch is scheduled for 2025 from Wallops Island, Virginia.
Rocket Lab’s Financial Performance
Rocket Lab's stock performance reflects a variety of market dynamics. The stock opened at $19.525 and is currently at $19.04, with a one-year range from $3.47 to $33.34, and a market capitalization of approximately $8.6 billion.
Securing a contract with the U.S. Space Force strengthens Rocket Lab's position in the aerospace industry and validates their advanced technology in delivering secure satellite launches.
