Rocket Lab surges after Space Force suborbital contract win
Rocket Lab’s stock jumped in after-hours trading after the U.S. Space Force awarded a $266 million firm-fixed-price contract to launch 12 suborbital vehicles (with six options) from the Pacific Spaceport Complex in Alaska, with work through 2028; the award, issued by Space Systems Command, was competitive and about $112 million in FY2025 funds were obligated at the time of award, sending RKLB up roughly 5.9% to around $73.19.
