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-0.000839758867236772 -0.00294406280667312 -0.000420580400953332 0.00855180148605074 0.0116360577597084 0.00981354268891074 0.00651899621477644 0.00651899621477644
Stock impact report

Why Is Rocket Lab Stock Climbing Today [Yahoo! Finance]

Rocket Lab Corporation (RKLB) 
Company Research Source: Yahoo! Finance
Rocket Lab Corporation ( NASDAQ:RKLB ) stock surged 3% on Thursday after securing a $190 million contract for 20 hypersonic test flights, marking its largest single launch agreement. The deal , part of the MACH-TB 2.0 Task Area 1 program led by Kratos Defense & Security Solutions (KTOS), will see Rocket Lab conduct the missions using its HASTE launch vehicle over four years for the Test Resource Management Center Multi-Service Advanced Capability Hypersonic Test Bed program. Warning! GuruFocus has detected 3 Warning Sign with RIVN. Is RKLB fairly valued? Test your thesis with our free DCF calculator. The first flight is expected within months of signing. With this contract, Rocket Lab's total backlog across launches and space systems exceeds $2 billion, including more than 70 upcoming missions. The company has maintained a 100% success rate on HASTE launches since 2023. Clear Street analyst Greg Pendy initiated coverage with a Buy rating and an $88 price target. Pendy highl Show less Read more
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