Business Segments · CapEx
Combat Systems — CapEx
General Dynamics Combat Systems — CapEx decreased by 68.0% to $24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $16M to $24M. Over 4 years (FY 2021 to FY 2025), Combat Systems — CapEx shows an upward trend with a 9.5% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026Apr 29, 2026
Rolls up toProperty, plant, and equipment additions
How to read this metric
Higher spending suggests capacity expansion or modernization, while lower spending may indicate a focus on cash flow or asset maturity.
Detailed definition
This represents the funds used by the Combat Systems segment to acquire, upgrade, and maintain physical assets such as m...
Peer comparison
Standard capital intensity metric for industrial and defense manufacturing segments.
Metric ID:
gd_segment_combat_systems_capital_expendituresHistorical Data
20 periods
| 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 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25M | $25M | $25M | $23.5M | $23.5M | $23.5M | $23.5M | $26.75M | $26.75M | $26.75M | $26.75M | $10M | $28M | $31M | $66M | $16M | $18M | $35M | $75M | $24M |
| QoQ Change | — | +0.0% | +0.0% | -6.0% | +0.0% | +0.0% | +0.0% | +13.8% | +0.0% | +0.0% | +0.0% | -62.6% | +180.0% | +10.7% | +112.9% | -75.8% | +12.5% | +94.4% | +114.3% | -68.0% |
| YoY Change | — | — | — | — | -6.0% | -6.0% | -6.0% | +13.8% | +13.8% | +13.8% | +13.8% | -62.6% | +4.7% | +15.9% | +146.7% | +60.0% | -35.7% | +12.9% | +13.6% | +50.0% |
Range$10M – $75M
CAGR-0.9%
Avg YoY Growth+15.2%
Median YoY Growth+13.7%
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Frequently Asked Questions
- What is General Dynamics's combat systems — capex?
- General Dynamics (GD) reported combat systems — capex of $24M in Q1 2026.
- How has General Dynamics's combat systems — capex changed year-over-year?
- General Dynamics's combat systems — capex increased by 50.0% year-over-year, from $16M to $24M.
- What is the long-term trend for General Dynamics's combat systems — capex?
- Over 4 years (2021 to 2025), General Dynamics's combat systems — capex has grown at a 9.5% compound annual growth rate (CAGR), from $100M to $144M.
- What does combat systems — capex mean?
- Investment in physical assets and infrastructure for the Combat Systems segment.