Business Segments · CapEx
Space — CapEx
Lockheed Martin Space — CapEx remained flat by 0.0% to $85.5M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.6%, from $91.5M to $85.5M. Over 4 years (FY 2021 to FY 2025), Space — CapEx shows an upward trend with a 2.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025Jan 29, 2026
Rolls up toPayments to Acquire Other Productive Assets
How to read this metric
High spending indicates investment in future growth or modernization, while low spending may suggest a focus on cash preservation or a mature asset base.
Detailed definition
Funds used by the Space segment to acquire, upgrade, and maintain physical assets such as manufacturing facilities, test...
Peer comparison
Standard capital expenditure metric for capital-intensive industrial and aerospace segments.
Metric ID:
lmt_segment_space_capital_expendituresHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $305M | $391M | $455M | $366M | $342M |
| YoY Change | — | +28.2% | +16.4% | -19.6% | -6.6% |
Range$305M – $455M
CAGR+2.9%
Avg YoY Growth+4.6%
Median YoY Growth+4.9%
Current Streak2 years decline
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Frequently Asked Questions
- What is Lockheed Martin's space — capex?
- Lockheed Martin (LMT) reported space — capex of $85.5M in Q4 2025.
- How has Lockheed Martin's space — capex changed year-over-year?
- Lockheed Martin's space — capex decreased by 6.6% year-over-year, from $91.5M to $85.5M.
- What is the long-term trend for Lockheed Martin's space — capex?
- Over 4 years (2021 to 2025), Lockheed Martin's space — capex has grown at a 2.9% compound annual growth rate (CAGR), from $305M to $342M.
- What does space — capex mean?
- Spending on physical assets and infrastructure to support the Space segment's operations.