Rocket Lab Shares Rise After $190 Million Hypersonic Flight Contract
Rocket Lab's stock climbed 2% in after-hours trading after the company secured a $190 million agreement to carry out 20 hypersonic test flights and after a Clear Street analyst began coverage with a Buy rating. The deal, led under the MACH-TB 2.0 Task Area 1 program by Kratos Defense & Security Solutions, is the firm's largest single launch contrac…