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Rocket Lab books Space Force, launch and iQPS deals before Aug. 10 earnings
Rocket Lab has landed multiple contracts ahead of its upcoming Q2 earnings release on Aug. 10, setting up a busy backdrop for results, according to MarketBeat Ratings.
The company won a $397 million contract from the Space Force, a record $266 million launch deal, and also secured a commercial agreement with iQPS, the outlet said.
MarketBeat Ratings noted that Rocket Lab currently holds a Moderate Buy rating among analysts.
The outlet added that top-rated analysts view other stocks as better buys, though Rocket Lab was not described as part of that specific list.
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MarketBeat RatingsRocket Lab Lands a Wave of Contracts Ahead of Earnings