Rocket Lab (i) receives hypersonic major contract. Return to the 30 USD mark possible
Hypersonic test flight in the billion-dollar program!
Needham sees +28% price potential!
Reading Time: 1 minute
Rocket Lab (i) will conduct a hypersonic test flight in 2026 as part of the 1.45 billion USD program from the US government. Its position in the defense sector is becoming increasingly strong. Analysts see the vertically integrated company strategically positioned for growth. Needham's price target of 28 USD should be achievable in a normalized overall market environment.
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