- Rocket Lab USA Inc RKLB has secured a $24.35 million contract from the U.S. Space Force's Space Systems Command (SSC) to develop the Neutron launch vehicle's upper stage.
- This award is part of a $75 million research and development program approved by U.S. Congress to advance the state-of-the-art in the upper stage technology of domestic launch systems.
- Rocket Lab noted that this contract recognizes it as a potential National Security Space Launch (NSSL) Phase 3 Launch provider from 2025.
- Price Action: RKLB shares are trading higher 2.49% at $14.40 during the premarket session on Monday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
