Published: Dec. 19, 2025 at 2:16 p.m. ET
Rocket Lab’s stock is on pace for a new closing high, its first since October, after the rocket-launch provider won its largest contract ever.
The U.S. Space Development Agency on Friday awarded Rocket Lab RKLB an agreement worth up to $805 million to provide 18 missile warning, tracking and defense satellites. It adds to the Long Beach, Calif.-based company’s contracted backlog, worth roughly $1.1 billion as of its third quarter.
