DefenseTech
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Rocket Lab Isn’t a Compounder Yet — It’s a High-Stakes Execution Test

Is Rocket Lab the next great defense-space compounder? Or is it just a prettier version of the same cash-incinerating growth story investors have been burned by before? Right now, it’s both. And the difference between those outcomes hinges on one word: execution. Rocket Lab just put up $602m in 2025 revenue, up 38% year over…
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