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Business Segments · CapEx

Corporate — CapEx

Northrop Grumman Corporate — CapEx increased by 81.3% to $29M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 81.3%, from $16M to $29M. Over 3 years (FY 2021 to FY 2024), Corporate — CapEx shows an upward trend with a 9.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase typically signals planned expansion or modernization of corporate facilities, while a decrease may indicate a focus on capital preservation or the completion of major infrastructure projects.

Detailed definition

This metric represents the cash outflows used by the corporate segment to acquire, upgrade, and maintain physical assets...

Peer comparison

Comparable to corporate-level capital spending reported by other large-scale aerospace and defense conglomerates, often categorized as unallocated or corporate-level property, plant, and equipment investment.

Metric ID: noc_segment_corporate_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$12.75M$12.75M$12.75M$14.5M$14.5M$14.5M$14.5M$18.5M$18.5M$18.5M$18.5M$16.5M$16.5M$16.5M$16.5M$16M$29M
QoQ Change+0.0%+0.0%+13.7%+0.0%+0.0%+0.0%+27.6%+0.0%+0.0%+0.0%-10.8%+0.0%+0.0%+0.0%-3.0%+81.3%
YoY Change+13.7%+13.7%+13.7%+27.6%+27.6%+27.6%+27.6%-10.8%-10.8%-10.8%-10.8%-3.0%+81.3%
Range$12.75M$29M
CAGR+22.8%
Avg YoY Growth+14.3%
Median YoY Growth+13.7%

Frequently Asked Questions

What is Northrop Grumman's corporate — capex?
Northrop Grumman (NOC) reported corporate — capex of $29M in Q1 2026.
How has Northrop Grumman's corporate — capex changed year-over-year?
Northrop Grumman's corporate — capex increased by 81.3% year-over-year, from $16M to $29M.
What is the long-term trend for Northrop Grumman's corporate — capex?
Over 3 years (2021 to 2024), Northrop Grumman's corporate — capex has grown at a 9.0% compound annual growth rate (CAGR), from $51M to $66M.
What does corporate — capex mean?
The amount of money the corporate segment spends on physical assets and infrastructure to support long-term operations.