Rocket Lab secures $397 million contract for satellite development
Rocket Lab has been awarded a $397 million U.S. Space Force contract to develop and operate satellites for a next-generation airborne target-tracking system.
The contract strengthens Rocket Lab’s position in the national security space market.
The satellites are scheduled to launch using Neutron, the company’s next-generation rocket, which has yet to make its first flight after facing multiple delays.