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Boeing BA Defense, Space & Security — CapEx

Other segment segments

Commercial Airplanes
$175M+65.1%
Global Services
$24M-7.7%

Similar metrics at other companies

Northrop Grumman logo
NOCDefense Systems — CapEx
$28M+155%
Voyager Technologies, Inc. logo
VOYGDefense and Space Technologies — Total capital expenditures
$12.8M+1,129%
Moog logo
MOG.BSpace And Defense — Segment Reporting, Long-Lived Asset, Expenditure for Addition
$10.96M-31.1%
Curtiss-Wright logo
CWDefense Electronics — CapEx
$1.89M-46.2%
L3Harris Technologies logo
LHXCS — CapEx
$18M+125%
Northrop Grumman logo
NOCSpace Systems — CapEx
$84M+18.3%

Other financials

Income statement

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Revenue$24.6B+8.0%
Gross profit$2.5B+5.3%
Operating income$156.0M+189%
Net income-$444.0M+27.3%
EPS (diluted)-$0.67+27.2%

Balance sheet

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Cash & equivalents$7.2B+2.1%
Total debt$56.6B+0.7%
Total equity$6.1B+285%
Total assets$165.87B+6.9%

Cash flow

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Operating cash flow$1.4B
CapEx$733.0M+71.7%
Free cash flow$631.0M+416%

Valuation

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Market cap$165.17B-7.3%
P/E67.8×
P/S1.8×-0.6×

Profitability

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Gross margin4.8%+3.7pp
Operating margin4.9%+2.9pp
Net margin2.6%+1.4pp
FCF margin-11.3%+15.2pp

Returns & leverage

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Return on equity1,504.4%
Debt / equity10.4×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Boeing in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Boeing’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boeing's defense, space & security — capex?
Boeing (BA) reported defense, space & security — capex of $82M in Q1 2026.
How has Boeing's defense, space & security — capex changed year-over-year?
Boeing's defense, space & security — capex increased by 51.9% year-over-year, from $54M to $82M.
What does defense, space & security — capex mean?
This metric measures the cash outflows used by the Defense, Space, and Security segment to acquire, upgrade, and maintain physical assets such as property, buildings, and manufacturing equipment. It reflects the segment's commitment to long-term growth and modernization of its production capabilities. High levels of expenditure often signal investment in new defense programs or facility efficiency improvements.