Business Segments · CapEx

Defense Systems — CapEx

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

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.

Detailed definition

This metric tracks the funds used by the defense systems segment to acquire, upgrade, and maintain physical assets such...

Peer comparison

Comparable to capital intensity metrics in capital-intensive manufacturing and defense industries.

Metric ID: noc_segment_defense_systems_capital_expenditures

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '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%
Range$12.00M$34.75M
CAGR-16.7%
Avg YoY Growth+1.6%
Median YoY Growth+0.9%

Frequently Asked Questions

What is Northrop Grumman's defense systems — capex?
Northrop Grumman (NOC) reported defense systems — capex of $16.00M in Q1 2026.
How has Northrop Grumman's defense systems — capex changed year-over-year?
Northrop Grumman's defense systems — capex increased by 33.3% year-over-year, from $12.00M to $16.00M.
What is the long-term trend for Northrop Grumman's defense systems — capex?
Over 3 years (2021 to 2024), Northrop Grumman's defense systems — capex has grown at a 1.5% compound annual growth rate (CAGR), from $133.00M to $139.00M.
What does defense systems — capex mean?
The amount of money invested in physical assets and infrastructure for the defense systems segment.