Rocket Lab (RKLB) Is Up 5.9% After Record Q2, Space Force Win And Neutron Progress - Has The Bull Case Changed?

In August 2026, Rocket Lab reported record second-quarter revenue of US$234.07 million, a record US$2.36 billion backlog and a US$397 million U.S. Space Force Flatellites contract, while advancing its Neutron rocket and progressing the planned Iridium acquisition. The combination of strong government contract wins, growing launch and space-systems demand, and Neutron development milestones is reshaping Rocket Lab’s role as an integrated space infrastructure provider. With these results and...