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Rocket Lab Just Won Its Biggest Contract Ever
- What: Rocket Lab has secured its largest contract to date, worth **$1.4 billion**, to launch a series of satellites for the US Space Force.
- Why: The contract demonstrates the growing demand for small satellite launches and Rocket Lab's increasing competitiveness in the market.
- Signal: Rocket Lab's profit margin is expected to expand as the company ramps up production to meet the contract's requirements.
- Target: The company aims to launch **10 satellites** per year under the contract, with the first launch scheduled for 2027.
- Risk: Rocket Lab's reliance on a single large contract increases its risk exposure, but the company's diversified customer base and growing revenue streams mitigate this risk.