Rocket Lab USA surges 6% on agreement with US government customer for 18 space vehicles By Investing.com
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© Reuters. Rocket Lab USA surges 6% on agreement with US government customer for 18 space vehicles
Rocket Lab USA (RKLB) shares gained more than 6% after-hours following the company’s announcement that it secured a contract with a U.S. government customer to design, manufacture, deliver, and operate 18 space vehicles. Valued at $515 million, the contract includes a base of $489 million, plus additional incentives and options worth $26 million.
The project, starting immediately, involves delivering the spacecraft for a 2027 launch, with operations running until 2030 and a potential extension to 2033.
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© Reuters. Rocket Lab USA surges 6% on agreement with US government customer for 18 space vehicles
Rocket Lab USA (RKLB) shares gained more than 6% after-hours following the company’s announcement that it secured a contract with a U.S. government customer to design, manufacture, deliver, and operate 18 space vehicles. Valued at $515 million, the contract includes a base of $489 million, plus additional incentives and options worth $26 million.
The project, starting immediately, involves delivering the spacecraft for a 2027 launch, with operations running until 2030 and a potential extension to 2033.
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