US Space Force selects RKLB and 3 others for $981M IDIQ

GOOGL -1.62% MSFT +0.20% RKLB +5.44% FLY +8.25% RDW +3.13%

1. 1Rocket Lab (RKLB), Redwire (RDW), Firefly Aerospace (FLY), and Viasat (VSAT) jump on selection for US Space Force contract
2. 2Operates as a multi-award IDIQ with a $981M ceiling through July 29, 2032, with no funding obligation upon selection
3. 3The figure is a ceiling rather than an upfront payment to each company, and confers eligibility to compete for future task orders such as testing, evaluation, and training

Source Barrons.com +1 · View original ↗

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