1. RKLB selected by U.S. Space Force for NSSL Phase 3 program. 2. This contract has a five-year ordering period for critical national security missions.
The selection for a high-priority program indicates strong demand for RKLB’s services and reinforces their market position, similar to how prior government contracts have positively influenced other aerospace stocks like Northrop Grumman.
The news highlights a significant contract that is likely to influence investor confidence and future earnings estimates for RKLB, directly affecting stock valuations.
The five-year contract duration suggests sustained revenue potential and strategic partnerships with the government, which can lead to long-term growth opportunities and similar cases have shown consistent stock price appreciation over time.