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home / articles / RKLB - Why Rocket Lab USA Stock Is Blasting Higher | Benzinga


RKLB - Why Rocket Lab USA Stock Is Blasting Higher | Benzinga

Rocket Lab USA, Inc. (NASDAQ: RKLB) shares are blasting higher Friday after the company announced it has entered into a $515 million agreement with a U.S. government customer to design, manufacture, deliver and operate 18 space vehicles.

The Details:

According to an SEC filing, the contract has a total value of $515 million, which includes a base amount of $489 million and incentives and options totaling $26 million. Work under the agreement will begin immediately with the delivery of the ...

Full story available on Benzinga.com

Stock Information

Company Name: Rocket Lab USA Inc.
Stock Symbol: RKLB
Market: NASDAQ
Website: rocketlabusa.com

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