Rocket Lab Secures Contract to Expand Semiconductor Manufacturing
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Rocket Lab (RKLB) has secured a $23.9 million contract from the U.S. Department of Commerce to expand its semiconductor manufacturing capabilities at its Albuquerque facility.
December 02, 2024 | 3:45 pm
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Rocket Lab has been awarded a $23.9 million contract by the U.S. Department of Commerce to enhance its semiconductor manufacturing capabilities in Albuquerque. This contract is likely to boost the company's revenue and expand its manufacturing capacity.
The $23.9 million contract from the U.S. Department of Commerce is a significant financial boost for Rocket Lab, likely leading to increased revenue and expanded manufacturing capabilities. This development is directly relevant to RKLB's business operations and growth strategy.
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