
Rocket Lab USA (NASDAQ: RKLB) recently made headlines after landing a $5.6 billion National Security Space Launch (NSSL) Phase 3 contract, marking a significant expansion of its defense and government contract portfolio. The award also signals strong confidence in Neutron, the company’s highly anticipated medium-lift rocket, reinforcing Rocket Lab’s growing role in the national security space sector.
The news comes at a critical time for investors. Rocket Lab’s stock has struggled in 2025, down nearly 45% from its 52-week high and close to 30% year-to-date. However, despite the recent pullback, shares remain up over 300% over the past year, following an explosive rally throughout 2024. Could this latest development help reverse the stock’s decline? Let’s take a closer look.