Rocket Lab USA Inc.Selected for $5.6B Space Force program, opening high-value government launch opportunities.

Rocket Lab has been selected to compete in the U.S. Space Force's National Security Space Launch Phase 3 Lane 1 program, a contract vehicle worth up to $5.6 billion through 2029. The company cannot win any individual task orders until its new Neutron medium-lift rocket completes a successful first flight, currently targeted for the fourth quarter of 2026. Neutron is essential because Rocket Lab's existing Electron rocket is too small for the heavy national-security payloads the program requires. The program plans to award at least 30 launches over its life, with a possible extension into the next decade, but Rocket Lab will face competition from established providers SpaceX and United Launch Alliance that are already securing task orders. A successful Neutron debut would open the door to years of high-value government work and validate Rocket Lab's push to become a serious defense-launch player.
Rocket Lab USA Inc.Selected for $5.6B Space Force program, opening high-value government launch opportunities.
Space Exploration Technologies Corp. Class A Common Stock