Rocket Lab's $190m Hypersonic Deal Reshapes Backlog And Defense Story [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Rocket Lab signed its largest launch contract to date, a $190 million, 20-mission hypersonic test deal with the U.S. Department of War under the MACH-TB 2.0 program. The agreement increases the company's contracted backlog to more than $2b and is focused on rapid hypersonic testing for national security needs. Initial missions under the contract are planned on an accelerated timeline, reinforcing Rocket Lab's role in high cadence government launch services. For investors watching NasdaqCM:RKLB, this contract fits into a story of sharp share price moves and growing defense exposure. The stock trades around $69.48, with an approximate 270% gain over the past year and a multi year return profile that is larger still, while year to date performance shows an 8.6% decline. Short term returns have been mixed, with a 3% gain over the past month and a 3.4% decline over the past week. This hypersonic testing deal adds scale and visibility to Rocket Lab's launch manifest and government
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LMT
Earnings
- 1/29/26 - Miss
LMT
Sec Filings
- 3/13/26 - Form 4
- 3/11/26 - Form 144
- 2/27/26 - Form 144
- LMT's page on the SEC website