Rocket Lab Wins $266M U.S. Air Force Contract, Surges 12% on July 22

RKLB5.13%
SPCX2.99%

According to BlockBeats, on July 22, Rocket Lab (RKLB) secured a $266 million U.S. Air Force contract for 12 suborbital vehicle launches, with an option for 6 additional missions set to complete by end of 2028 in Alaska. The stock surged 5.14% intraday and gained over 7% after hours.

SpaceX meanwhile rose over 3%, ending a 7-day losing streak with further 1.3% gains after hours. The company plans to release its Q2 2026 earnings report on August 4.

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