🔴 Rocket Lab is trading 4.3% down today after challenging NASA’s $700 million Blue Origin contract

Rocket Lab is trading 4.3% down at €53.20 after filing a formal Government Accountability Office (GAO) protest challenging NASA’s decision to award Blue Origin a $700 million Mars Telecommunications Network contract.

• Rocket Lab alleges NASA’s eligibility assessment and review of its technical proposal were inconsistent.
• The dispute adds uncertainty around a major prospective contract.
• Broader industrial-sector weakness and inflation concerns are also adding pressure.
• Rocket Lab’s September 11 Electron launch was successful; no negative launch event was identified.