Rocket Lab Wins $266M U.S. Space Force Contract for Suborbital Launches
Rocket Lab has secured its largest contract to date, a $266 million deal with the U.S. Space Force's Rocket Systems Launch Program. The agreement involves conducting 12 suborbital launches starting no earlier than late 2026 and is expected to be completed by December 31, 2028. Work will take place at Alaska’s Pacific Spaceport Complex and aims to enhance the company’s role in national security missions. The contract highlights growing demand for space launch services and positions Rocket Lab as a key player in this sector. The news has already driven premarket gains of nearly 5% on its stock, though technical indicators suggest short-term bearish momentum with resistance at $78.50 and support near $64. Rocket Lab is set to report earnings on August 10, 2026, with analysts forecasting a narrowing loss and rising revenue compared to the previous year.
Tickers: $RKLB