What Happened
Southern California Firms Drive Industry Growth
Rocket Lab and JetZero, two Southern California-based companies, are contributing to the region’s aerospace and defense industry growth with major contract and funding announcements. Rocket Lab has secured a $266 million Space Force contract, its largest launch award to date, while JetZero is pursuing up to $3 billion in financing for its commercial jetliner manufacturing plant. The companies are part of a new generation of aerospace and defense firms driving industry growth in the region, as reported by the Orange County Business Journal.