Rocket Lab USA stock rallied in premarket trade Friday as the company said it’s won a U.S. government contract worth as much as $515 million.
In a Securities and Exchange Commission filing, it said agreed to design, manufacture, deliver, and operate 18 space vehicles.
The base amount of the contract is $489 million and incentives and options total $26 million, it said.
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This story from marketwatch.com was posted on 2023-12-23 by @mapleaf.