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PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Rocket Lab USA, Inc.    
Schedule of Property Plant and Equipment, Net
Property, plant and equipment, net, as of June 30, 2021 and December 31, 2020 consisted of the following:
 
    
June 30,
2021
    
December 31,
2020
 
Buildings and improvements
   $ 23,305      $ 20,330  
Machinery, equipment, vehicles and office furniture
     24,387        23,755  
Computer equipment, hardware and software
     4,632        3,836  
Launch site assets
     8,845        7,582  
Construction in process
     9,133        10,177  
  
 
 
    
 
 
 
Property, plant and equipment, gross
     70,302        65,680  
Less accumulated depreciation and amortization
     (19,082      (15,848
  
 
 
    
 
 
 
Property, plant and equipment, net
   $ 51,220      $ 49,832  
  
 
 
    
 
 
 
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the six months ended June 30, 2021 consisted of the following:
 
    
Six-Months Ended June 30,
 
Depreciation expense
  
    2021    
    
    2020    
 
Cost of revenues.
   $ 1,977      $ 1,941  
Research and development, net
     116        119  
Selling, general and administrative
     1,462        938  
  
 
 
    
 
 
 
Total depreciation expense
     3,555        2,998  
  
 
 
    
 
 
 
Property, plant and equipment, net, as of December 31 consisted of the following:
 
    
2020
    
2019
 
Buildings and improvements
   $ 20,330      $ 7,129  
Machinery, equipment, vehicles and office furniture
     23,755        20,427  
Computer equipment, hardware and software
     3,836        2,588  
Launch site assets
     7,582        3,365  
Construction in process
     10,177        11,732  
    
 
 
    
 
 
 
Property, plant and equipment, gross
     65,680        45,241  
Less accumulated depreciation and amortization
     (15,848      (9,048
    
 
 
    
 
 
 
Property, plant and equipment, net
   $ 49,832      $ 36,193  
    
 
 
    
 
 
 
Depreciation expense recorded in the consolidated statements of operations and comprehensive loss during the years ended December 31 consisted of the following:
 
    
2020
    
2019
 
Cost of revenues
   $ 4,527      $ 3,310  
Research and development, net
     416        190  
Selling, general and administrative
     1,591        577  
    
 
 
    
 
 
 
Total depreciation expense
   $ 6,534      $ 4,077