BUZZ-Rocket Lab rises after securing US Space Force contract

Reuters

2025/03/28

** Shares of rocket maker Rocket Lab USA RKLB.O rise 8.3% to $19.95 after the bell

** U.S. Space Force on Thursday awarded contracts to RKLB and Stoke Space to expand its portfolio of launch systems for critical space capability

** Both companies will receive a $5 million order each to conduct "initial capabilities assessment and develop their approach to tailored mission assurance"

** Up to last close, RKLB had fallen 27.7% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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