U.S. Air Force Taps Rocket Lab to Sell It 12 Hypersonic Missiles for $266 Million. Here's What Investors Need to Know.

U.S. Air Force Taps Rocket Lab to Sell It 12 Hypersonic Missiles for $266 Million. Here's What Investors Need to Know.

Rocket Lab may have found a new field for hypergrowth: defending the U.S. from hypersonic missiles.

U.S. Air Force Awards Rocket Lab (NASDAQ: RKLB) $266 Million Hypersonic Missile Defense Contract

Rocket Lab USA (NASDAQ: RKLB) has secured its largest-ever launch contract, a $266 million deal with the U.S. Space Force to conduct suborbital missile defense testing missions. The contract covers 12 guaranteed suborbital launches designed to replicate ballistic missile, hypersonic glide vehicle, and reentry vehicle flight profiles for missile defense evaluation purposes. Six additional optional flights are also included in the agreement, with …

Space Force Awards $266 Million Contract for Suborbital Missile Defense Launches

The U.S. Space Force has awarded a $266 million multi-launch contract covering a dozen suborbital missions to Rocket Lab, the largest launch agreement in company history, the launch provider said last week.“Cadence, iteration, and relentless execution are essential to maturing America’s missile defense capabilities.” Sir Peter Beck, Rocket LabThe Space Systems Command’s Rocket Systems Launch Program, known as RSLP, awarded the contract to Rocket…