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SpaceX’s IPO could become one of the market’s biggest events, but history suggests mega IPOs often disappoint after launch. Rocket Lab is taking a different path with growing revenue, expanding capabilities, and a proven launch business.
A year ago, Rocket Lab reported a gross profit of $35.2 million from sales of $122.6 million. Looking ahead, Rocket Lab expects second-quarter sales of $225 million to $240 million. Rocket Lab stock was up 5.9% in after-hours trading at $83.21.
Textron clears earnings views, announces plans to separate industrials business. Analyst rates AeroVironment a buy. Lockheed Martin, RTX land contracts.
