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Rocket Lab wins $266M US military contract for 12 suborbital launches through 2028

Market News
22 Jul 2026
Proactive Investors
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Bullish
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Rocket Lab secured a $266 million contract from the US Air Force and Space Force to conduct 12 suborbital launches, with options for six more. The launches will operate from Alaska's Pacific Spaceport Complex and are expected to finish by the end of 2028. This contract supports the Department of Defense's responsive space capabilities and was awarded after a competitive process involving three bidders. An initial $112 million in funding for research and development was allocated at the time of the award.

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