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0.00253410273454119 0.00253410273454119 0.00509725452268129 0.00626434297021444 0.00432318268266301 0.00779710773952224 0.00287585630629326 -0.00652236691688728
Stock impact report

Rocket Lab (RKLB) Rated Buy on $190M Defense Contract [Yahoo! Finance]

Rocket Lab Corporation (RKLB) 
Company Research Source: Yahoo! Finance
On March 18, Rocket Lab Corporation (NASDAQ:RKLB) reported that it had signed a $190 million contract for 20 hypersonic test flights utilizing its HASTE launch platform, which is the company's largest launch arrangement to date. The agreement is a component of the US Department of War's Multi-Service Advanced Capability Hypersonic Test Bed 2.0 program. Since 2023, Rocket Lab Corporation (NASDAQ:RKLB) has successfully executed numerous HASTE launches at speeds exceeding Mach 5 for the MACH-TB program, achieving a 100% mission fulfillment rate. On the same day, Clear Street began coverage of Rocket Lab Corporation (NASDAQ:RKLB), with a Buy rating and a price target of $88. The firm described the company's vertically integrated architecture as an edge that competes with some of SpaceX's services, the industry leader. Rocket Lab Corporation (NASDAQ:RKLB) is a space company that provides launch services and space systems solutions in the US, Canada, Japan, and internationally. The co Show less Read more
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