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General Dynamics GD Aerospace — CapEx

Other segment segments

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$117M+4.5%
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$35M+29.6%
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$33M+83.3%

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$35M-49.3%

Other financials

Income statement

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Revenue$14.1B+8.1%
Operating income$1.5B+11.9%
Net income$1.2B+14.4%
EPS (diluted)$4.24+13.4%

Balance sheet

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Cash & equivalents$4.3B+185%
Total debt$10.8B+1.0%
Total equity$26.8B+13.8%
Total assets$60.2B+5.8%

Cash flow

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Operating cash flow$1.9B+17.6%
CapEx$234.0M+18.2%
Free cash flow$1.6B+17.6%

Valuation

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Market cap$103.41B+23.4%
Enterprise value$109.86B+18.2%
P/E23.1×+2.5×
P/S1.9×+0.2×

Profitability

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Gross margin17.9%
Operating margin10.3%0.0pp
Net margin8.2%+0.1pp
FCF margin11.8%+3.5pp

Returns & leverage

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Return on equity17.8%-0.1pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by General Dynamics in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: General Dynamics’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Dynamics's aerospace — capex?
General Dynamics (GD) reported aerospace — capex of $49M in Q2 2026.
How has General Dynamics's aerospace — capex changed year-over-year?
General Dynamics's aerospace — capex increased by 28.9% year-over-year, from $38M to $49M.
What is the long-term trend for General Dynamics's aerospace — capex?
Over 4 years (2021 to 2025), General Dynamics's aerospace — capex has grown at a 34.7% compound annual growth rate (CAGR), from $102M to $336M.
What does aerospace — capex mean?
The cash spent by the Aerospace segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. It reflects the level of investment in manufacturing capacity and technological infrastructure.