Rocket Lab: US Air Force Awards $266 Million Contract for 12 Rocket Launches
Reading Time: 3 minutes
Rocket Lab secures a fixed-price contract from the US Air Force worth $266 million for 12 suborbital rocket launches. With the $8.0 billion acquisition of satellite network operator Iridium, the company gains highly profitable, recurring cash flows. Through these targeted expansion steps, Rocket Lab completes its fundamental transformation from a pure launch service provider to a fully integrated end-to-end space company. US Military pays $266 million for 12 rocket launches by 2028 Rocket Lab's core business sees a significant...
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