Northrop Grumman Defense Systems — CapEx increased by 33.3% to $16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.3%, from $12.00M to $16.00M. Over 3 years (FY 2021 to FY 2024), Defense Systems — CapEx shows relatively stable performance with a 1.5% CAGR.
Increased spending suggests investment in future capacity or efficiency, while significantly lower spending might indicate a focus on cash preservation or nearing the end of a capital investment cycle.
This metric tracks the funds used by the defense systems segment to acquire, upgrade, and maintain physical assets such...
Comparable to capital intensity metrics in capital-intensive manufacturing and defense industries.
noc_segment_defense_systems_capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.25M | $33.25M | $33.25M | $27.50M | $27.50M | $27.50M | $27.50M | $27.75M | $27.75M | $27.75M | $27.75M | $34.75M | $34.75M | $34.75M | $34.75M | $12.00M | $16.00M |
| QoQ Change | — | +0.0% | +0.0% | -17.3% | +0.0% | +0.0% | +0.0% | +0.9% | +0.0% | +0.0% | +0.0% | +25.2% | +0.0% | +0.0% | +0.0% | -65.5% | +33.3% |
| YoY Change | — | — | — | — | -17.3% | -17.3% | -17.3% | +0.9% | +0.9% | +0.9% | +0.9% | +25.2% | +25.2% | +25.2% | +25.2% | -65.5% | +33.3% |