StockNews.AI
RKLB
StockNews.AI
118 days

Rocket Lab Awarded New HASTE Launch Contract for the DOD by Kratos

1. Rocket Lab selected by Kratos for DOD hypersonic test flight. 2. The mission will utilize Rocket Lab's HASTE rocket from Virginia.

Mass Contract
+7.84%Current Return
VS
+2.13%S&P 500
$20.2904/23 04:47 PM EDTEvent Start
$21.8804/24 11:27 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The partnership with Kratos for a DOD contract could enhance RKLB's revenue. Previous contracts with defense sectors have positively influenced stock performance.

How important is it?

The announcement indicates growth potential through government contracts, affecting investor confidence and stock valuation.

Why Short Term?

The immediate financial impact may arise from securing defense contracts, traditionally boosting stock in the short term.

Related Companies

KTOSLMTNOC
LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has been selected by Kratos to launch a full-scale hypersonic test flight for the Department of Defense (DOD) under the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 program. The mission will launch on Rocket Lab's HASTE rocket from Rocket Lab Launch Complex 2 on Wallops Island, Virginia no earlie.

Related News