$Rocket Lab USA, Inc.(RKLB)$ $Rocket Lab USA, Inc.(RKLB)$ Rocket Lab just landed a $266 million firm-fixed-price completion contract for suborbital launch work. The deal covers 12 suborbital launch vehicles, with an option for six more. The work is set to be done at the Pacific Spaceport Complex in Alaska, with completion targeted for December 31, 2028.
It was a competitive acquisition, with three offers received. At the time of the award, $112 million in fiscal 2025 research, development, test, and evaluation funds were obligated. The contracting activity is the Space Systems Command out of Kirtland Air Force Base in Albuquerque, New Mexico.
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