Business Segments · CapEx
Defense Systems — CapEx
Northrop Grumman Defense Systems — CapEx increased by 33.3% to $16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.3%, from $12M to $16M. Over 3 years (FY 2021 to FY 2024), Defense Systems — CapEx shows relatively stable performance with a 0.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026Apr 21, 2026
Rolls up toProperty, plant, and equipment additions
How to read this metric
Increased spending suggests investment in future capacity or efficiency, while significantly lower spending might indicate a focus on cash preservation or nearing the end of a capital investment cycle.
Detailed definition
This metric tracks the funds used by the defense systems segment to acquire, upgrade, and maintain physical assets such...
Peer comparison
Comparable to capital intensity metrics in capital-intensive manufacturing and defense industries.
Metric ID:
noc_segment_defense_systems_capital_expendituresHistorical Data
17 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.25M | $33.25M | $33.25M | $41.5M | $41.5M | $41.5M | $41.5M | $39.5M | $39.5M | $39.5M | $39.5M | $33.75M | $33.75M | $33.75M | $33.75M | $12M | $16M |
| QoQ Change | — | +0.0% | +0.0% | +24.8% | +0.0% | +0.0% | +0.0% | -4.8% | +0.0% | +0.0% | +0.0% | -14.6% | +0.0% | +0.0% | +0.0% | -64.4% | +33.3% |
| YoY Change | — | — | — | — | +24.8% | +24.8% | +24.8% | -4.8% | -4.8% | -4.8% | -4.8% | -14.6% | -14.6% | -14.6% | -14.6% | -64.4% | +33.3% |
Range$12M – $41.5M
CAGR-16.7%
Avg YoY Growth-2.6%
Median YoY Growth-4.8%
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Frequently Asked Questions
- What is Northrop Grumman's defense systems — capex?
- Northrop Grumman (NOC) reported defense systems — capex of $16M in Q1 2026.
- How has Northrop Grumman's defense systems — capex changed year-over-year?
- Northrop Grumman's defense systems — capex increased by 33.3% year-over-year, from $12M to $16M.
- What is the long-term trend for Northrop Grumman's defense systems — capex?
- Over 3 years (2021 to 2024), Northrop Grumman's defense systems — capex has grown at a 0.5% compound annual growth rate (CAGR), from $133M to $135M.
- What does defense systems — capex mean?
- The amount of money invested in physical assets and infrastructure for the defense systems segment.