Rocket Lab USA Inc.Secures $397M U.S. Space Force contract for Flatellite deployment, expanding government portfolio.

Rocket Lab has secured a $397 million contract from the U.S. Space Force to develop, launch, and operate multiple Flatellites for the Space-Based Airborne Moving Target Indicator program. Flatellites are flatter, more stackable satellites that can be deployed in higher volumes per launch and integrated with Rocket Lab's upcoming Neutron rocket, which is expected to arrive by the end of 2026. The contract expands Rocket Lab's portfolio of U.S. government and defense programs, which already includes missions for NASA, DARPA, and the National Reconnaissance Office, and supports its evolution into an end-to-end space company producing spacecraft, satellites, and subsystems. Analysts expect Rocket Lab's revenue to grow from $602 million in 2025 to $1.7 billion by 2028, with profitability anticipated in the final year.
Rocket Lab USA Inc.Secures $397M U.S. Space Force contract for Flatellite deployment, expanding government portfolio.
Space Exploration Technologies Corp. Class A Common Stock