The US Department of Commerce is finalizing subsidies of nearly 60 million dollars to BAE Systems and Rocket Lab.
According to Reuters on November 25th, the US Department of Commerce stated on Monday that it is finalizing nearly $60 million in government subsidies to be provided to BAE Systems and Rocket Lab. Of this, the US Department of Defense will provide $35.5 million to BAE Systems to quadruple its key semiconductor chip production in New Hampshire, which will be used for the F-35 fighter jets and commercial satellites. The Department of Commerce stated that this investment will shorten the company's planned modernization schedule by half. The Pentagon plans to spend $1.7 trillion on the F-35 project, including purchasing over the next few decades.
Rocket Lab USA Completes 2 Launches
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Anglo American, Sony, Rocket Lab: 3 Stocks in Focus
U.S. stock unusual movement | The U.S. Department of Commerce is finalizing nearly 60 million U.S. dollars in subsidies for Rocket Lab (RKLB.US), with a pre-market increase of over 10%.
Rocket Lab (RKLB.US) rose more than 10% in pre-market on Monday, soaring 117% this month to $25.63.
US stock market outlook: Dow futures hit a record high! Cryptocurrency concept stocks strengthen pre-market, MARA rises over 5%; Palantir rises 4% pre-market, opening momentum at a record high! Wade Bush raises target price.
Macy's performance announcement has been delayed, and it fell 8% before the market opened; Rocket Lab surged over 8% before the market opened, completing two rocket launches in a short period of time.
S&P 500 Futures Climb In Premarket Trading; Bath & Body Works, Rocket Lab USA Lead
Market-Moving News for November 25th
Futures Rise as Traders Await Key Inflation Report, Fed Minutes; Asia, Europe Mostly Up
Express News | Rocket Lab Signs $23.9 Mln Chips Incentives Award to Boost Semiconductor Manufacturing
Social Buzz: Wallstreetbets Stocks Advance Premarket Monday; Rocket Lab USA, Archer Aviation to Open Higher
Rocket Lab USA Shares Rise 16% on Two Successful Satellite Launches
Express News | Rocket Lab Shares Jump 15% Premarket After U.S. Commerce Department Finalizes Award to Co for Semiconductor Chips
Rocket Lab Launches Five Kinéis Satellites, Advancing Global IoT Connectivity
Why Rocket Lab Stock Rocketed Again on Friday
Rocket Lab Stock Has Gone Parabolic. Five Reasons For the Gains. -- Barrons.com
Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin
Roth MKM Maintains Rocket Lab(RKLB.US) With Buy Rating, Raises Target Price to $30
Rocket Lab Options Spot-On: On November 21st, 105.4K Contracts Were Traded, With 619.42K Open Interest
On November 21st ET, $Rocket Lab(RKLB.US)$ had active options trading, with a total trading volume of 105.4K options for the day, of which put options accounted for 18.28% of the total transactions,
Rocket Lab Up Over 8%, on Track for Record High Close -- Data Talk