Rocket Lab (RKLB) Stock Jumps 4% After Winning $266M Space Force Missile Defense Deal
TLDR
- Rocket Lab stock jumped 4.1% in premarket trading to $66.53 after announcing a $266 million U.S. Space Force contract
- The contract covers 12 suborbital launches for missile defense, with up to six additional launches possible
- Launches will primarily take place from a new Rocket Lab site at the Pacific Spaceport Complex in Kodiak, Alaska
- The first launch under the contract is expected no earlier than the end of 2026
- Coming into Monday, RKLB had fallen 8% this year to $63.91, down from a high of $151 earlier in 2026
Rocket Lab stock jumped 4.1% in premarket trading Monday to $66.53 after the company landed its largest contract ever — a $266 million deal with the U.S. Space Force.
The contract, awarded by the Space Force Space Systems Command’s Rocket Systems Launch Program, tasks Rocket Lab with executing 12 suborbital launches for missile defense. Up to six additional launches are also included. The first is expected no earlier than late 2026.
CEO Peter Beck didn’t hold back: “Cadence, iteration, and relentless execution are essential to maturing America’s missile defense capabilities, and that’s exactly what we bring with launch leadership.”
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