Rocket Lab Corporation (NASDAQ: RKLB) has announced a significant contract worth $90 million from the U.S. Space Force’s Space Systems Command. This contract is aimed at the design, manufacture, integration, and operation of two geostationary satellites, marking the company's inaugural venture into geostationary satellite production. As the prime contractor, Rocket Lab will oversee various aspects of the project, including the incorporation of the Heimdall payload, which features advanced electro-optical sensors designed for space domain awareness. The satellites will be developed using Rocket Lab's Lightning platform, which is already in production for multiple national security initiatives. Rocket Lab has shown impressive growth, boasting a 386% return over the past year, and its stock is currently trading close to its 52-week high of $138.38. The assembly and integration of the satellites will take place at Rocket Lab's facility in Long Beach, California, ensuring that the company maintains control over the production process. This contract not only enhances Rocket Lab's portfolio but also reflects its financial stability, as it holds more liquid assets than liabilities.