Skip to content
Business Segments · CapEx

Mission Systems — CapEx

Northrop Grumman Mission Systems — CapEx increased by 15.4% to $45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $39M to $45M. Over 3 years (FY 2021 to FY 2024), Mission Systems — CapEx shows an upward trend with a 10.0% CAGR.

Analysis

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

How to read this metric

Increased spending often signals investment in future growth or facility upgrades, while significantly lower spending might suggest a focus on cash preservation or nearing the end of a capital cycle.

Detailed definition

This metric tracks the investments made by the Mission Systems segment in property, plant, equipment, and software to su...

Peer comparison

Comparable to capital intensity ratios in capital-intensive defense and manufacturing sectors.

Metric ID: noc_segment_mission_systems_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$59M$59M$59M$62M$62M$62M$62M$72M$72M$72M$72M$78.5M$78.5M$78.5M$78.5M$39M$45M
QoQ Change+0.0%+0.0%+5.1%+0.0%+0.0%+0.0%+16.1%+0.0%+0.0%+0.0%+9.0%+0.0%+0.0%+0.0%-50.3%+15.4%
YoY Change+5.1%+5.1%+5.1%+16.1%+16.1%+16.1%+16.1%+9.0%+9.0%+9.0%+9.0%-50.3%+15.4%
Range$39M$78.5M
CAGR-6.5%
Avg YoY Growth+6.2%
Median YoY Growth+9.0%

Frequently Asked Questions

What is Northrop Grumman's mission systems — capex?
Northrop Grumman (NOC) reported mission systems — capex of $45M in Q1 2026.
How has Northrop Grumman's mission systems — capex changed year-over-year?
Northrop Grumman's mission systems — capex increased by 15.4% year-over-year, from $39M to $45M.
What is the long-term trend for Northrop Grumman's mission systems — capex?
Over 3 years (2021 to 2024), Northrop Grumman's mission systems — capex has grown at a 10.0% compound annual growth rate (CAGR), from $236M to $314M.
What does mission systems — capex mean?
The amount of money the Mission Systems segment spends on physical assets and infrastructure.