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NRO CAAG – The Economics of Rocket Reusability

Summary

This report analyzes the economics of rocket reusability, focusing on cost implications, performance tradeoffs, and value chain impacts of reusable versus expendable launch vehicles.

It covers concepts such as reuse of rocket stages and fairings with various recovery methods, compares mass-to-orbit capabilities, and evaluates cost differences per launch and per pound to orbit. The report also discusses sensitivity to reuse frequency, capital expenditure impacts, and outlines the launch service value chain. The cost model is based on Rocket Lab Neutron but applicable to other reusability concepts.

Region: North America 
Published: February 2026 
Author(s): NRO CAAG 
Language: English 
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