Rocket Lab Secures $90 Million Contract with U.S. Space Force
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2026
0mins
Source: NASDAQ.COM
Rocket Lab's stock surged by 9.73% as it crossed above the 5-day SMA, reflecting strong investor confidence following recent developments.
The company has been awarded a significant $90 million contract by the U.S. Space Force to design, manufacture, integrate, and operate two geostationary satellites. This marks Rocket Lab's first entry into geostationary satellite production, enhancing its vertically integrated mission model. The new satellites will utilize Rocket Lab's Lightning bus, ensuring production efficiency and supply chain advantages, while transitioning the Heimdall space domain awareness payload from prototype to operational delivery.
This contract not only strengthens Rocket Lab's competitive position in the aerospace sector but also showcases its capabilities in handling complex satellite projects, potentially leading to more opportunities in the future.
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Analyst Views on RKLB
Wall Street analysts forecast RKLB stock price to fall
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 143.480
Low
63.00
Averages
86.89
High
120.00
Current: 143.480
Low
63.00
Averages
86.89
High
120.00
About RKLB
Rocket Lab Corporation is an end-to-end space company. The Company designs and manufactures small and medium-class rockets, spacecraft and spacecraft components, and related software and services to support the space economy. The Company delivers reliable launch services, satellite manufacture, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions that make it easier to access space. Its Launch Services segment provides launch and launch-related services to customers on a dedicated mission or ride-share basis. Its Space Systems segment comprises the design and manufacture of spacecraft components and spacecraft program management services, space data applications, and mission operations. Its space systems solutions are the building blocks for spacecraft, which include composite structures, reaction wheels, star trackers, solar solutions, radios, separation systems, and command and control spacecraft software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Expansion into Defense Contracts: Rocket Lab has developed the HASTE hypersonic test rocket and secured a $190 million contract from the U.S. government for 20 hypersonic test flights over the next four years, enhancing its competitiveness in the defense sector and providing a significant revenue stream.
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- Defense Contracts Boost: Rocket Lab secured a $190 million contract from the U.S. government for 20 HASTE hypersonic test flights over the next four years, further solidifying its position in the defense sector.
- Robust Backlog: Rocket Lab's backlog has reached $2.2 billion, indicating strong demand in both its launch services and space systems businesses, suggesting significant long-term growth potential in the space economy.
See More
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- Growth Potential Assessment: Although Rocket Lab's revenue growth rate is 38.1%, surpassing SpaceX's 33.5%, SpaceX's sales multiple is 107 times, compared to Rocket Lab's 142 times, suggesting that SpaceX presents a more attractive relative value in the market.
See More
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