Investment
Features
FeesSafety
Academy
More
Pluang+

Rocket Lab shifts to defense contractor with $2B backlog, stock up 213% since Sept 2025

Analyst Insights
03 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Rocket Lab Corporation has transformed from a launch-dependent company to a vertically integrated defense contractor with direct government contracts. Its backlog grew 20% sequentially and 108% year-on-year in Q1 FY26, reaching a record $2 billion across all programs. Revenue and margin growth now come from spacecraft manufacturing and space systems rather than just launches. Despite delays in its Neutron rocket program, Rocket Lab's stock has surged 213% since September 2025, driven by strong government contract wins and market confidence.

More News (RKLB)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App