RKLB Stock Alert: The $500 Million Reason Rocket Lab Is Moving Today

Rocket Lab (NASDAQ:RKLB) stock is on the move Tuesday after the space company announced a $515 million contract with Space Development Agency.According to a press release from Rocket Lab, this contract will have subsidiary Rocket Lab National Security handling the designing and building of 18 Tranche 2 Transport Layer-Beta Data Transport Satellites. It will also take care of the development, production, testing and operation of the satellites.Rocket Lab points out that the $515 million payment from Space De ...