Rocket Lab USA, Inc. (RKLB) saw its stock price surge by 5.15% during the pre-market session, following a landmark contract win and operational achievements.
The company secured an up to $805 million prime contract from the U.S. Space Development Agency to build 18 missile-warning and tracking satellites. This contract marks a significant step toward Rocket Lab's transformation into a vertically integrated national-security space contractor. Additionally, the company completed its STP-S30 mission for the U.S. Space Force five months ahead of schedule, further boosting investor confidence in its execution capabilities.
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