Rocket Lab (RKLB) Stock Rises After $663M in Space Force Contracts
TLDR
- Rocket Lab stock rose around 1.1% to $75.67, with intraday highs touching $80.19
- The company completed its 92nd Electron mission, its 13th launch of 2026
- The U.S. Space Force awarded Rocket Lab a $397 million contract for its SB-AMTI satellite program
- Total recent Space Force contract wins reached approximately $663 million, supporting a backlog of roughly $2.2 billion
- Q2 2026 earnings are due August 10; analysts expect revenue of $231.79 million, up from $144.50 million a year ago
Rocket Lab stock climbed on Thursday, trading as high as $80.19 before settling around $75.67, up roughly 1.1% from the previous close of $74.82.
The move came on the back of a busy news week for the company, with a successful launch and a string of government contract wins pulling investor attention back to the stock.
Rocket Lab completed its 92nd Electron mission on Thursday, launching from Mahia, New Zealand. The mission was the eighth flight for the IQPS Earth imaging constellation and the companyโs 13th Electron launch of 2026.
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