Rocket Lab shares reached a new 52-week high of $133.18 on Friday. The company announced a partnership with RTX to develop the Golden Dome missile defense system.
Rocket Lab will serve as a key subcontractor for space-based interceptors. This collaboration marks a strategic expansion into national security and defense contracting.
The news follows a $190 million contract for hypersonic test flights. A recent visit from the U.S. Space Force Chief further bolstered investor confidence.
The stock is currently pacing for its strongest monthly performance of 2026. Growth is supported by a rising defense backlog and strong Q1 earnings results.