How does Rocket Lab win twice even when competing for large prime contracts?
Replied byPeter Beck
Founder & CEO at Rocket Lab
Niche: Production
Revenue: Approx. 78 Million USD/month
Location: Long Beach, California, US
Started: 2006
When we bid on defense contracts, we win even if we lose. If another prime contractor wins, they buy their solar panels and reaction wheels from us. When we win our own prime contracts, we win twice because we build the spacecraft and launch it using our own systems, capturing the revenue from both segments.
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