Rocket Lab Advances SDA Satellite Program with New Subcontractor Partnerships

Los Angeles CA (SPX) May 07, 2024

Rocket Lab USA, Inc. (Nasdaq: RKLB) announced it has finalized the selection of subcontractors that will supply payloads and ground systems for the 18 satellites the company is constructing for the Space Development Agency (SDA). Under a $515 million USD firm-fixed price contract, Rocket Lab is poised to spearhead the design, development, manufacturing, testing, and operation of the 18 sat