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Business/Financial

Rocket Lab Grows Revenue 16% in 2023, Debuts Spacecraft Bus Lineup

By Rachel Jewett

Thursday, February 29th, 2024

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Rocket Lab Grows Revenue 16% in 2023, Debuts Spacecraft Bus Lineup

Photon Lunar spacecraft bus being prepared for NASA’s CAPSTONE mission. Photo: Rocket Lab

Rocket Lab grew revenue 16% in 2023 year-over-year, and the company announced its fourth quarter financials on Feb. 27, along with an official lineup of its family of spacecraft buses. Rocket Lab reported $244.6 million in revenue in 2023. Space Systems contributed $172.7 million in revenue — up 15% year-over-year. Space Systems is about 71% of Rocket Lab’s revenue. It made up the same portion of Rocket Lab’s business in 2022, after rapidly expanding since 2021. Rocket Lab said Space Systems business growth…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]