<div id="readability-page-1">Defense contracts boost: Rocket Lab won a $190 million hypersonic launch deal and partnered with Anduril, positioning itself at the core of U.S. defense initiatives. Record financials: First-quarter revenue topped $200 million, up over 63% year-on-year, with a $2.2 billion backlog and guidance above Wall Street forecasts. Stock rally momentum: Shares have risen over 57% since late March, aided by sector-wide excitement from SpaceX’s IPO plans and strong institutional endorsements.</div>

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<p>Rocket Lab has secured a $190 million hypersonic launch contract and partnered with Anduril, enhancing its role in U.S. defense. The company reported first-quarter revenue exceeding $200 million, a 63% increase year-on-year, with a $2.2 billion backlog. Its stock has surged over 57% since late March, driven by excitement from SpaceX’s IPO and strong institutional support.</p>

Rocket Lab

Rocket Lab soars on defense wins and record revenue