Rocket Lab wins a $397M U.S. Space Force contract to develop and launch Flatellites for threat tracking. RKLB shares jump premarket.

Rocket Lab shares are trading higher on Monday as risk appetite improves across equities and investors react to fresh contract momentum in the company’s launch business.

Rocket Lab, STR win Space Force contracts for airborne-target tracking technologies Rocket Lab, STR win Space Force contracts for airborne-target tracking technologies