Rocket Lab Receives a Major Hypersonic Contract. Return to the $30 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 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 should be achievable in a normalized overall market environment.
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