Rocket Lab Navigates Defense Contracts and Neutron Reusability Amid Intensifying Competition in Commercial Space Launches.

Rocket Lab secured a major US defense contract tied to missile defense initiatives, advancing its Neutron program with the reusable "Hungry Hippo" fairing. This comes as competition in commercial space launches intensifies. The defense contract and Neutron progress highlight Rocket Lab's efforts in reusable, higher-capacity launches, which may influence its positioning relative to established aerospace players and newer entrants. The company's shares have already shown strong performance, with a 1-year return of 200.3% and a 3-year return relative to its earlier level.