Rocket Lab Secures $190M Contract for 20x HASTE Launches, Cements Hypersonics Leadership with Department of War Partnership
u/skyscraperfuture ·
Reddit — r/stocks
· March 19, 2026 at 09:55
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Also, Clear Street initiated buy rating on $RKLB, citing strong growth in momentum, revenue, and execution.
Source: https://investors.rocketlabcorp.com/news-releases/news-release-details/rocket-lab-secures-190m-contract-20x-haste-launches-cements
LONG BEACH, Calif., March 18, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the signing of its single largest launch agreement yet: a $190 million contract for a block buy of 20 hypersonic test flights with its HASTE launch vehicle for the Test Resource Management Center (TRMC) Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 program – a U.S. Department of War effort executed in partnership with Naval Surface Warfare Center Crane Division (NSWC Crane) to rapidly accelerate hypersonic flight tests and advanced aerospace technologies shaping the future of defense missions.