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Rocket Lab Corporation

NASDAQ: RKLB
62.95
as of 2026-09-12
Business overview

Rocket Lab is a company specializing in space launch services and space system design. Its activities cover the manufacturing of light launch vehicles, the production of satellite components, and the development of orbital operations software solutions.

Watch: The company faces risks inherent to the space launch industry, characterized by high capital intensity and reliance on launch success. Increased competition in the NewSpace segment and challenges related to ramping up industrial production are its main vectors of uncertainty.

Valuation
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Update log

DateNewsImpact
9/11/2026Raymond James highlights growth opportunities for Rocket Lab as it nears its 100th Electron mission.
9/11/2026Raymond James identifies significant catalysts for Rocket Lab investors.
9/11/2026Rocket Lab is experiencing stock price volatility despite a growing backlog and an upcoming acquisition.
9/11/2026Rocket Lab and AST SpaceMobile are being compared as potential disruptors to SpaceX following recent earnings reports.
9/11/2026Despite a recent stock price decline, Rocket Lab reported record revenue and over $1 billion in new contracts since Q2 2026.
9/11/2026Rocket Lab shares gained following a new bullish research note from Raymond James analyst Brian Gesuale.
9/11/2026Ark Invest increased its holdings in Rocket Lab, acquiring over 705,000 shares.
9/11/2026Raymond James analyst Brian Gesuale has initiated coverage of Rocket Lab stock with a buy rating.
9/11/2026Rocket Lab CEO Peter Beck addressed the company's stock volatility, attributing it to macroeconomic conditions rather than the company's operational performance.
9/11/2026Rocket Lab Corporation successfully launched its 16th Electron rocket of the year, deploying an Earth observation satellite from its New Zealand facility.
9/10/2026An analysis of Rocket Lab's stock performance suggests it may be undervalued as investors look toward the future.
9/10/2026The American Century Investments Focused Dynamic Growth Fund's first-quarter 2026 investor letter highlighted Rocket Lab's backlog strength and market demand.
9/10/2026Rocket Lab's stock price experienced movement following an announcement regarding its solar cell technology.
9/9/2026Rocket Lab continues to fund its Neutron launch vehicle development while investors wait for the first flight.
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9/9/2026Rocket Lab shares rose following the introduction of its new germanium-free space solar cell, IMM Apex.
9/9/2026Rocket Lab's stock performance is being evaluated following its earnings report from 30 days ago.
9/9/2026Yahoo Finance
9/9/2026Rocket Lab is focusing on the pad delivery of its Neutron rocket, while investors continue to wait for a launch date.
9/8/2026Despite a previous rocket test failure, an analyst remains bullish on Rocket Lab, citing the company's backlog.
9/8/2026Rocket Lab continues to secure defense contracts, including a recent $981 million award from the Space Force.
9/8/2026Rocket Lab's stock performance is linked to the upcoming Neutron rocket launch and the company's capital expenditures.
9/8/2026Rocket Lab stock gained 3% amid a rally in the space sector, despite potential supply risks noted by researchers.
9/8/2026Rocket Lab announced the production release of its Inverted Metamorphic (IMM) Apex solar cell for space applications.
9/8/2026Rocket Lab has introduced a new high-efficiency solar cell that reduces weight by 40% and eliminates the need for germanium.
9/7/2026ARK Invest has shifted its portfolio, increasing its stake in Rocket Lab as part of a broader strategy change.
9/7/2026Ark Invest has increased its position in Rocket Lab with a $45 million purchase of 705,000 shares.
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9/3/2026Rocket Lab is mentioned in the context of investor market movements alongside other space sector entities like SpaceX.
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9/3/2026Rocket Lab successfully completed its 94th Electron mission and has secured 16 additional missions with Synspective through 2030.
9/2/2026S - Sale+OE transaction of -140,157 shares at $62.63
9/2/2026Rocket Lab achieved its 94th Electron mission by deploying a Synspective satellite, highlighting its record of successful repeat launches.
9/2/2026Berenberg bank has upgraded its stance on Rocket Lab, citing potential growth in the space industry.
9/2/2026Analysts identify a divergence between Rocket Lab's bullish long-term growth prospects and recent weak stock price momentum.
9/2/2026Financial commentary suggests Rocket Lab's stock remains overvalued despite significant declines from its previous highs.
9/2/2026Rocket Lab's stock growth is supported by the advancement of its Neutron launch vehicle, strategic acquisitions, and increasing national security contracts.
9/2/2026Rocket Lab successfully launched its 94th Electron mission from New Zealand, deploying an Earth-imaging satellite for Synspective.
9/2/2026Rocket Lab's stock saw a decline following the loss of a NASA contract for an Explorer-based Mars orbiter, amidst discussions regarding Neutron rocket development delays.
9/2/2026Berenberg has initiated coverage of Rocket Lab along with other space sector companies, assigning it a Buy rating.
9/1/2026Rocket Lab is expanding its business model by manufacturing various spacecraft components, including reaction wheels, radios, and solar solutions.
9/1/2026ARK Invest, led by Cathie Wood, has increased its holdings in Rocket Lab as part of a portfolio reallocation strategy.
9/1/2026Despite significant stock price volatility, analysts maintain a positive outlook on Rocket Lab, with future performance tied to the development of its new launch vehicle.
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8/27/2026S - Sale transaction of -35,558 shares at $66.61
8/27/2026S - Sale transaction of -6,034 shares at $66.65
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8/26/2026Viasat has selected Rocket Lab to build the spacecraft bus for the U.S. Space Force’s Protected Tactical SATCOM-Global program.
8/26/2026An investment comparison between Rocket Lab and Planet Labs highlights their respective roles in satellite infrastructure and spacecraft systems.
8/26/2026Market analysis discusses the impact of SpaceX's Falcon 9 launch schedule adjustments on space companies, noting Rocket Lab's relative stock stability.
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8/24/2026S - Sale transaction of -7,754 shares at $69.63
8/24/2026S - Sale transaction of -45,692 shares at $69.63
8/24/2026S - Sale transaction of -15,051 shares at $69.63
8/24/2026S - Sale transaction of -9,677 shares at $69.63
8/24/2026S - Sale transaction of -669 shares at $69.63
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8/23/2026Rocket Lab maintains strong financial performance and defense contracts while investors monitor the Neutron rocket launch.
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8/20/2026Rocket Lab stock is being re-evaluated in the context of recent defense-related contract wins with the U.S. Space Force.
8/20/2026Rocket Lab shares were among those falling due to broader market concerns regarding rising oil prices and interest rates.
8/20/2026The article discusses investor sentiment regarding Rocket Lab stock following a major contract win.
8/20/2026Rocket Lab completed the launch of the 9th satellite for the Japanese company iQPS.
8/20/2026Rocket Lab successfully executed the 'The Lightning God Defends' mission on August 21, 2026, launching a QPS-SAR satellite for iQPS.
8/20/2026Rocket Lab successfully launched its 93rd Electron mission, deploying an Earth-imaging satellite for Japan’s iQPS.
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8/19/2026Rocket Lab secured a $12 million contract from the U.S. Space Force, which could lead to larger defense opportunities if its Photon optical communications technology proves successful.
8/19/2026Investment firm ARK, led by Cathie Wood, has increased its position in Rocket Lab as part of a strategy to pivot toward the space sector.
8/19/2026Yahoo Finance
8/18/2026Rocket Lab joins the U.S. Space Force's Space Data Network Consortium and receives $12 million in contracts to support the SDN-B initiative.
8/18/2026Rocket Lab stock price declined alongside other space sector stocks on Tuesday.
8/18/2026SpaceNews
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8/18/2026Rocket Lab is expanding its responsive launch capabilities with the introduction of GHOST, a system designed for orbital and suborbital missions.
8/18/2026A Bernstein analyst raised the price target for SpaceX, noting potential revenue opportunities that could also involve Rocket Lab.
8/18/2026Rocket Lab has confirmed that eight satellites it manufactured for MDA Space have successfully reached orbit and are operational.
8/17/2026Viasat has selected Rocket Lab Corporation to provide the satellite bus for a spacecraft currently under development for the U.S. Space Force.
8/17/2026Rocket Lab's stock has increased by more than 85% over the past 12 months.
8/17/2026Rocket Lab will build a satellite bus for the U.S. Space Force's Protected Tactical SATCOM-Global program following a selection by Viasat.
8/17/2026Rocket Lab reported a 62% year-over-year revenue increase to $234 million and a record backlog of $2.36 billion driven by Space Force contracts.
8/17/2026Rocket Lab has been selected to join the U.S. Space Force’s $981 million NITE-STAR contract for space test and training infrastructure.
8/17/2026Rocket Lab has been officially onboarded to the U.S. Space Force’s $981 million NITE-STAR IDIQ contract for space test and training infrastructure.
8/17/2026Viasat has selected Rocket Lab to supply a satellite bus, with stock performance noted as positive following the announcement.
8/17/2026Rocket Lab launched eight satellite platforms for MDA Space from Cape Canaveral to replenish Globalstar's communications constellation.
8/17/2026Rocket Lab's Q2 earnings report highlights revenue growth and strong backlog momentum, though management noted margin pressure due to integration costs.
8/17/2026Rocket Lab successfully launched and deployed eight satellite platforms built for MDA Space to support the Globalstar constellation.
8/17/2026Rocket Lab's stock rose following the successful launch of the first eight satellites from its $143 million contract with Globalstar.
8/16/2026An analysis benchmarking Rocket Lab's Q2 earnings results against industry peers in the aerospace sector.
8/16/2026Rocket Lab announced the successful orbit of eight satellite platforms built for MDA Space to support Globalstar's communications services.
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8/14/2026Rocket Lab utilizes its HASTE launch vehicle to support hypersonic testing and defense missions.
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8/13/2026EXHIBIT 5.1 — Regulation FD disclosure · Other material events · Financial statements and exhibits
8/13/2026EXHIBIT 99.2 — Regulation FD disclosure · Other material events · Financial statements and exhibits
8/13/2026Rocket Lab has cleared a regulatory hurdle regarding its planned Iridium acquisition as the HSR waiting period lapses.
8/13/2026The article discusses the market reaction to Rocket Lab's Q2 earnings report.
8/13/2026The article compares the stock trajectory of Rocket Lab to that of SpaceX.
8/13/2026Rocket Lab has announced a $1.94 billion at-the-market equity distribution plan.
8/13/20268-K — Regulation FD disclosure · Other material events · Financial statements and exhibits
8/13/2026EXHIBIT 23.1 — Other material events · Financial statements and exhibits
8/13/20268-K — Other material events · Financial statements and exhibits
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8/13/2026Rocket Lab has reached a milestone of 400 Archimedes hot fires as the Neutron engine production ramps up.
8/13/2026An analyst discusses Rocket Lab's competitive positioning relative to SpaceX and flags concerns regarding its valuation.
8/13/2026Rocket Lab's CEO identifies a significant opportunity for space infrastructure to support the growing demand for AI data centers.
8/13/2026Iridium Communications is being acquired by Rocket Lab, a move intended to support broader use of Iridium's services.
8/12/2026Rocket Lab's CEO Peter Beck states that the acquisition of Iridium Communications opens new space-services opportunities outside of consumer broadband.
8/12/2026Rocket Lab Corporation — quarterly earnings release — Rocket Lab released its financial results for the second quarter of 2026 on August 10, 2026. The company reported record quarterly revenue of $234 million, a 62% increase year-over-year, and a net loss of $49.3 million, or $0.08 per share.
8/12/2026ARK Invest has increased its stake in Rocket Lab by purchasing additional shares for its funds.
8/11/2026
Rating revision: Rating 1 → Rating 2
AI review
While Rocket Lab continues to demonstrate strong revenue growth, the shifting timeline for the critical Neutron launch introduces significant execution risk that warrants a conservative adjustment. The downgrading of the rating from 1 to 2 reflects the increased volatility associated with these industrial production delays. The company remains a high-potential entity, but these new development challenges require a more cautious assessment of its immediate outlook.
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8/11/2026Rocket Lab's stock price dropped as the target window for the first Neutron flight potentially shifts beyond 2026.
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8/11/2026Rocket Lab shares rose alongside several other companies following a cooling labor market report.
8/11/2026Rocket Lab's stock price declined following a mixed earnings report, despite strong historical revenue growth and an increasing order backlog.
8/11/2026Rocket Lab reported 62% revenue growth and secured over $1 billion in new contracts, while progressing on its Neutron launch vehicle development.
8/11/2026Rocket Lab achieved record second-quarter 2026 revenue of $234 million, driven by the expansion of its Space Systems business and new government contracts.
8/11/2026Rocket Lab announced strong demand for its upcoming Neutron rocket, with pre-flight mission slots priced between $50 million and $55 million.
8/11/2026Rocket Lab shares fell following the company's latest earnings report.
8/10/20268-K — Results of operations released · Financial statements and exhibits
8/10/202610-Q — Period: 2026-06-30
8/10/2026EX-31.2 — Period: 2026-06-30
8/10/2026SpaceNews
8/10/2026Rocket Lab continues to experience rapid growth in its rocket launch and satellite services businesses.
8/10/2026Rocket Lab stock experienced a decline after missing Q2 earnings expectations, though the company highlighted a $1 billion contract backlog and upcoming Neutron launches.
8/10/2026EX-32.1 — Period: 2026-06-30
8/10/2026EX-99.1 — Results of operations released · Financial statements and exhibits
8/9/2026Rocket Lab is scheduled to release its quarterly financial results, with market expectations set at $232 million in revenue.
8/9/2026Rocket Lab is mentioned as one of the companies to watch during the upcoming week amidst general market and earnings activity.
8/9/2026The article discusses the stock performance of Rocket Lab, noting a decline from its peak and differing analyst perspectives on its potential growth.
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8/7/2026Rocket Lab has secured significant military contracts while preparing for the release of its second-quarter financial results.
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8/7/2026Rocket Lab stock rose 8% following a broader Wall Street upgrade for the space sector.
8/6/2026Rocket Lab Corporation (RKLB) stock saw a 1.14% increase in the latest trading session, closing at $75.67.
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8/6/2026Rocket Lab is preparing for its 92nd overall launch, which will be the 13th Electron mission of 2026 and the eighth mission for the client iQPS.
8/5/2026Rocket Lab has been awarded a $397 million contract by the U.S. Space Force for the development, launch, and operation of its flat satellite design.
8/5/2026Rocket Lab shares increased following the announcement of a $397 million contract award from the U.S. Space Force.
8/5/2026An analysis compares Tesla and Rocket Lab as investment options in the innovation sector over the next decade.
8/5/2026Rocket Lab has been awarded a $397 million U.S. Space Force contract to develop, launch, and operate Flatellites for the SB-AMTI program.
8/5/2026Rocket Lab received a $397 million contract to develop advanced satellite sensors and communication systems for tracking airborne threats.
8/4/2026Rocket Lab has secured a $397 million contract from the U.S. Space Force to build and launch Flatellites for the Space-Based Airborne Moving Target Indicator program.
8/4/2026SpaceNews
8/4/2026The article briefly mentions Rocket Lab in the context of general market activity within the space industry.
8/4/2026The article compares Rocket Lab and SpaceX as potential investment opportunities within the space sector.
8/4/2026Yahoo Finance
8/4/2026The article discusses how Rocket Lab's stock performance is more significantly impacted by interest rate fluctuations than by its operational activities or launch pad performance.
8/3/2026An analysis of Rocket Lab's hypothetical acquisition of Iridium, framing it as a transition toward a diversified and profitable space enterprise.
8/3/2026A market comparison between Redwire and Rocket Lab, focusing on their respective business models in the space sector.
8/3/2026A comparative financial analysis between Rocket Lab and Caterpillar, highlighting differences in cash flow and scaling strategies.
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7/31/2026Rocket Lab has signed a new agreement with iQPS for three dedicated Electron launches, bringing the total missions between the two companies to 18.
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7/30/2026Rocket Lab stock may benefit from increased NASA launch and space-systems contract activity.
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7/30/2026SpaceNews
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7/30/2026Rocket Lab's stock performance and market fluctuations are discussed in relation to its financial valuation.
7/29/2026The article discusses the potential impact of FAA deregulation on space companies, including Rocket Lab, SpaceX, and AST SpaceMobile.
7/29/2026Rocket Lab has secured a $266 million contract with the U.S. Space Force for 12 suborbital missions, expanding its role in national security and missile defense testing.
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7/28/2026Rocket Lab secured a $266 million contract from the U.S. Space Force to conduct at least 12 suborbital launches.
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7/28/2026Rocket Lab's share price has significantly fallen from its peak, creating a valuation gap between market performance and analyst expectations.
7/28/2026Stronger-than-expected demand for space launch services has strengthened the bull case for Rocket Lab, citing progress on the Neutron rocket and new deals.
7/28/2026Rocket Lab has been awarded a $266 million contract from the U.S. Space Force for a series of launches.
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7/27/2026Air & Space Forces
7/27/2026Rocket Lab has secured a significant multi-launch contract with the U.S. Space Force, which has positively impacted its stock performance.
7/27/2026SpaceNews
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7/27/2026Rocket Lab stock rose following the announcement of a $266 million missile defense launch services contract with the U.S. Space Force.
7/25/2026
Rating revision: Rating 2 → Rating 1
AI review
Rocket Lab significantly strengthens its strategic position with a major defense contract and an ambitious external growth operation. Despite cyclical market volatility, vertical integration and increased confidence from U.S. authorities justify a tier upgrade. This transformation into a key player in the space value chain reduces its dependence solely on launch streams.
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7/24/2026
Manual reassessment: Tier 1 → Tier 2
In-depth verification conducted: backlog $2.2B (+108% YoY) and revenue $200.3M (+63.5% YoY) confirmed as solid, real defense contracts (Raytheon/Space Force Tracking Layer, HASTE hypersonic, Anduril). HOWEVER, still loss-making (net loss $45M Q1 2026, adjusted EBITDA still negative in Q2 guidance), very tight valuation (+280% over 12 months, cap ~ $60B for ~ $200M in quarterly revenue), real execution risk on the first flight of Neutron (2027-2028 catalyst) not yet realized. Initial Tier 1 deemed too generous (assigned by AI during bulk addition without manual verification). Reclassified to Tier 2, consistent with IonQ/D-Wave: thesis validated by facts but valuation already pricing in many positive developments.
7/24/2026
Rating revision: Rating 2 → Rating 1
AI review
Rocket Lab's ability to secure significant $300 million contracts, coupled with successful diversification into complex space missions and the defense sector, strengthens its operational robustness. Despite stock volatility, this commercial momentum and increasing integration into the strategies of major operators like Iridium justify an upgrade of the risk profile to Tier 1.
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7/23/2026
Rating revision: Rating 3 → Rating 2
AI review
Despite recent market volatility and valuation adjustments, Rocket Lab's operational trajectory remains robust with a record backlog reaching $1 billion. The securing of major government contracts, including a recent $266 million deal, demonstrates sustained institutional confidence and successful integration into defense and space infrastructure, justifying the move to Tier 2.
7/23/2026Yahoo Finance
7/22/2026Founded in 2006, Rocket Lab has just won a $266 million contract while continuing development of its new medium-lift launch vehicle, Neutron.
7/22/2026The recent decline in Rocket Lab's share price could represent a buying opportunity despite persistent volatility.
7/22/2026Rocket Lab will release its financial results for the second quarter of 2026 on August 10, 2026, after the close of U.S. markets.
7/22/2026A 44% drop in Rocket Lab stock confirms the alert issued by InvestingPro regarding the stock's overvaluation.
7/21/2026Despite a record backlog reaching $1 billion, Rocket Lab shares have suffered a significant decline, recording a 56% drawdown.
7/20/2026Rocket Lab Corporation's stock records a decline of 2.78%.
7/13/2026The drop in Rocket Lab's share price highlights a $67.50 price level associated with its $8 billion contract with Iridium.
7/6/2026S - Sale transaction of -3,275,779 shares at $87.43
6/25/2026Rocket Lab shares are climbing on the stock market after being selected by NASA.
6/18/2026S - Sale transaction of -88,000 shares at $107.98
6/2/2026S - Sale transaction of -40,000 shares at $123.60
5/28/2026S - Sale transaction of -60,000 shares at $149.40
5/28/2026S - Sale transaction of -36,860 shares at $147.42
5/19/2026General information on the Rocket Lab Corporation security.
5/10/2026Rocket Lab is among the ten large-cap stocks with the highest gains during the week of May 4 to May 8.
5/8/2026Rocket Lab stock is showing positive momentum on Wall Street.
4/14/20268-K — Unregistered sale of securities · Regulation FD disclosure · Other material events · Financial statements and exhibits
9/15/20258-K — Other material events · Financial statements and exhibits
8/12/20258-K — Regulation FD disclosure · Other material events · Financial statements and exhibits
8/7/20258-K — Results of operations released · Financial statements and exhibits
5/8/20258-K — Results of operations released · Other material events · Financial statements and exhibits
5/16/2016IGF::OT::IGF NASA, THROUGH THE SPACE TECHNOLOGY MISSION DIRECTORATE (STMD,) SEEKS TO DEMONSTRATE AN ADVANCED SOLAR ELECTRIC PROPULSION (EP) SYSTEM THAT WILL ENABLE FUTURE DEEP SPACE HUMAN AND ROBOTIC EXPLORATION APPLICABLE TO THE UNITED STATES PRIVATE AND PUBLIC SECTOR SPACE NEEDS. THE PURPOSE OF THE ADVANCED ELECTRIC PROPULSION (EP) SYSTEM (AEPS) CONTRACT IS THE DEVELOPMENT AND DELIVERY OF EP STRING SETS TO SUPPORT AN ADVANCED SEP DEMONSTRATION MISSION. DURING THE CONTRACT BASE PERIOD OF PERFORMANCE, THE CONTRACTOR WILL DEVELOP, TEST, AND DELIVER ENGINEERING DEVELOPMENT END ITEMS THAT WILL REDUCE THE RISK OF DEVELOPING THE FLIGHT END ITEMS. DURING THE OPTION PERIOD OF PERFORMANCE, IF EXERCISED, THE CONTRACTOR WILL DEVELOP, VERIFY, AND DELIVER THE FLIGHT END ITEMS.
4/1/2016EXPLORATION UPPER STAGE ENGINES MSFC WILL PROCURE TEN (10) RL10 FLIGHT ENGINES FROM AEROJET ROCKETDYNE, INC. TO SUPPORT THE SPACE LAUNCH SYSTEM (SLS) EXPLORATION MISSIONS 2 AND 3 (EM-2 AND EM-3). EACH FLIGHT WILL REQUIRE A FOUR (4) ENGINE CLUSTER. ADDITIONALLY, TWO (2) SPARE ENGINES WILL BE PROCURED. CORRESPONDING TO THESE SPECIFIC RL10 ENGINES, NASA MSFC WILL PROCURE VEHICLE AND PROGRAM INTEGRATION SUPPORT, FLIGHT SUPPORT, AND HUMAN RATING COMPLIANCE REVIEW SUPPORT.
11/1/2015IGF::CT::IGF RS-25 PRODUCTION RESTART TO BE UNDERTAKEN BY THE CONTRACTOR IN SUPPORT OF PROVIDING SIX RS-25 ENGINES MODIFIED AS NECESSARY FOR THE TECHNICAL REQUIREMENTS UNDER THE SPACE LAUNCH SYSTEM, RECERTIFICATION OF PRODUCTION, IMPROVEMENTS IN MANUFACTURING, AND CERTIFICATION FOR FLIGHT PROGRAM.
10/31/2013MRBM TARGETS
6/2/2006LETTER CONTRACT TO INITIATE DDT&E AND LONG LEAD PURCHASES