Citi warned on Tuesday that Rocket Lab USA (NASDAQ:RKLB) faces potential risks due to possible changes in the U.S. Space Force's approach to the Space Development Agency's Transport Layer program.

Neutron is a medium-lift reusable launch vehicle meant to serve government and commercial customers. It can lift 13,000 kg, or more than 28,600 pounds, to low Earth orbit, according to Rocket Lab.

Rocket Lab announced a partnership with the U.S. Air Force in which the company will launch its new medium-lift reusable rocket Neutron for a Rocket Cargo mission that supports point-to-point ...