Rocket Lab (RKLB -4.79%) is proving it can win major defense spacecraft programs before Neutron flies. Record revenue, a $2.36 billion backlog, and a potential $397 million Space Force award point to a broader business than many investors assume. But with a rich valuation and Neutron delays still possible, the next phase could reshape the stock’s risk-reward.
Stock prices used were the market prices of Aug. 26, 2026. The video was published on Sept. 17, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Rocket Lab. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be…
