Rocket Lab Stock: Weakness Is Opportunity

The Pipeline Is Strengthening In April, Rocket Lab secured a $14 million deal with the U.S. Space Force, building on the previous government contracts it won last year. In my opinion, these contract wins are not isolated wins anymore; they follow a clear pattern where the USSF and the Department of Defense are increasingly becoming confident of Rocket Lab's launch capabilities. At the end of Q1, Rocket Lab's backlog stood at just over $1 billion after decreasing 3% sequentially. This backlog decrease came o ...