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Northrop Grumman NOC Aeronautics Systems — CapEx

Other segment segments

Corporate
$113M+242%
Space Systems
$84M+18.3%
Mission Systems
$42M-10.6%
Defense Systems
$28M+155%

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Other financials

Income statement

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Revenue$10.9B+5.1%
Operating income$1.1B-23.1%
Net income$1.1B-6.8%
EPS (diluted)$7.68-5.8%

Balance sheet

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Cash & equivalents$2.3B+21.5%
Total debt$17.1B-2.6%
Total equity$17.9B+15.6%
Total assets$50.8B+2.7%

Cash flow

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Operating cash flow-$1.7B-5.8%
CapEx$302.0M+30.7%
Free cash flow-$1.8B-0.1%

Valuation

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Market cap$75.98B-8.0%
Enterprise value$90.73B-7.6%
P/E16.9×-4.0×
P/S1.8×-0.3×

Profitability

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Operating margin10.7%+0.3pp
Net margin10.5%+0.7pp
FCF margin7.8%+3.4pp

Returns & leverage

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Return on equity27%+0.5pp
Debt / equity-0.2×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Northrop Grumman’s 10-Q, filed July 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northrop Grumman's aeronautics systems — capex?
Northrop Grumman (NOC) reported aeronautics systems — capex of $35M in Q2 2026.
How has Northrop Grumman's aeronautics systems — capex changed year-over-year?
Northrop Grumman's aeronautics systems — capex decreased by 49.3% year-over-year, from $69M to $35M.
What is the long-term trend for Northrop Grumman's aeronautics systems — capex?
Over 3 years (2021 to 2024), Northrop Grumman's aeronautics systems — capex has grown at a 8.9% compound annual growth rate (CAGR), from $465M to $600M.
What does aeronautics systems — capex mean?
This metric tracks the investments made by the aeronautics segment in property, plant, and equipment required to support aircraft production and research facilities. It reflects the segment's commitment to maintaining manufacturing capacity and technological infrastructure. High levels of capital expenditure often signal investments in future program capacity or facility modernization.