Back to today’s briefing

Story perspectives

Rocket Lab Faces Competition Despite $816M Satellite Contract

12/31/2025

27 5

Summary

Story summary

Rocket Lab Corp shares closed down 0.8% at $70.12 and rebounded 0.5% in after-hours trading.
The moves follow a December rally tied to a $3.5 billion Space Force satellite contract.
Rocket Lab's Space Development Agency contract is worth $816 million to build 18 satellites, with delivery in 2029.
The firm faces competition from larger defense contractors and expects revenue impact, with earnings due February 26, 2026.

1 of 1

Story summary

Rocket Lab Corp shares closed down 0.8% at $70.12 and rebounded 0.5% in after-hours trading.
The moves follow a December rally tied to a $3.5 billion Space Force satellite contract.
Rocket Lab's Space Development Agency contract is worth $816 million to build 18 satellites, with delivery in 2029.
The firm faces competition from larger defense contractors and expects revenue impact, with earnings due February 26, 2026.