Rocket Lab wins another defense-related space contract

Core Insights - Rocket Lab has secured an $816 million contract with the U.S. Space Development Agency, marking its largest contract to date [1] - The contract involves designing and manufacturing 18 satellites equipped with advanced missile warning, tracking, and defense sensors for the Tracking Layer Tranche 3 program [1] - This new contract adds to an existing $515 million award for the Transport Layer-Beta Tranche 2 program, bringing the total value of Rocket Lab's contracts with the SDA to over $1.3 billion [2] Company Expansion - Rocket Lab is diversifying its operations beyond its traditional "rocket company" label [1] - The company is actively expanding into the defense sector and plans to bid for multibillion-dollar Department of Defense initiatives, such as Golden Dome [2]