Rocket Lab wins $515M SDA contract for 18 satellites as prime contractor

Rocket Lab Corp

Firm-fixed price agreement worth $515M ($489M base + $26M incentives/options) from Space Development Agency.
Rocket Lab will design, build, test, and operate 18 Tranche 2 Transport Layer-Beta data transport satellites.
Satellites to be built at Long Beach facility; launch scheduled for 2027.
Marks Rocket Lab's first prime contract for a DoD satellite constellation; vertically integrated subsystems.
Investor conference call at 2 p.m. PT (5 p.m. ET) today on the company's IR website.

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