US Space Force Awards Contracts to Rocket Lab, Amazon, Lockheed; SpaceX Closes $60B Deal

Key Facts

In a move reflecting the accelerating competition in the satellite communications and defense sector, the U.S. Space Force has awarded new contracts to build out its Space Data Network. According to reports, Rocket Lab, Amazon's government division, and Lockheed Martin were selected to enhance satellite communication capabilities. These awards are part of a broader initiative to expand Space Force operations, providing revenue stability for the chosen aerospace firms through long-term government partnerships.

Simultaneously, SpaceX has finalized its acquisition of Cursor in a deal valued at $60 billion, marking a massive consolidation within the industry. Per market data, shares of the involved entities showed mixed performance following the news, with AMZN closing at $265.13 and LMT at $598.01 (close August 13, 2026). SPCX was priced at $141.29 as of the same date, as investors weigh the impact of major M&A activity on sector dynamics.

Traders are monitoring price levels following these catalysts, noting that LMT reached a day high of $609.78 before settling at its most recent close (August 13, 2026). While the upcoming economic calendar does not feature direct aerospace catalysts in the next seven days, broader sentiment remains influenced by recent data, including the U.S. annual inflation rate which was reported at 3.4% on August 12.