Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
Rocket Lab (NasdaqGS:RKLB) has secured a $90 million multi year contract with the U.S. Space Force to build and operate geostationary defense satellites.
The award is Rocket Lab’s first major U.S. Space Force prime contract for complex GEO missions, expanding its role beyond launch services.
The contract covers end to end mission delivery, from satellite design and manufacture to on orbit operations.
For investors tracking Rocket Lab, the new U.S. Space Force award arrives after a strong run in the stock. NasdaqGS:RKLB is priced at $135.76, with returns of 8.8% over the past week and 50.8% over the past month. Over the past year the share price move has been very large, and the 3 year return is roughly 30x.
This contract signals a broader push into national security space, an area where long term programs and higher value missions are common. Readers may want to watch how much future revenue Rocket Lab secures from government and defense work compared with its existing launch and spacecraft services. The balance between commercial and defense exposure could become a key part of the investment case for NasdaqGS:RKLB.
Stay updated on the most important news stories for Rocket Lab by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Rocket Lab.
NasdaqGS:RKLB Earnings & Revenue Growth as at May 2026
Quick Assessment
❌ Price vs Analyst Target: At US$135.76, the stock trades about 31% above the US$103.91 analyst consensus target.
❌ Simply Wall St Valuation: Shares are flagged as trading 83.6% above estimated fair value.
✅ Recent Momentum: The stock has returned 50.8% over the past 30 days.
There is only one way to know the right time to buy, sell or hold Rocket Lab. Head to Simply Wall St’s company report for the latest analysis of Rocket Lab’s fair value.
Key Considerations
📊 The U.S. Space Force GEO contract strengthens Rocket Lab’s position in defense satellites, which could influence how you think about its long term revenue mix.
📊 Watch how much of future revenue is tied to national security work, the trajectory of losses versus US$679.58m of revenue, and any further contract wins.
⚠️ The combination of an 83.6% premium to estimated fair value and recent insider selling, volatility, and shareholder dilution points to execution and sentiment risk if expectations cool.
Dig Deeper
For the full picture including more risks and rewards, check out the complete Rocket Lab analysis. Alternatively, you can check out the community page for Rocket Lab to see how other investors believe this latest news will impact the company’s narrative.