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Northrop Grumman NOC Mission Systems — CapEx

Other segment segments

Corporate
$113M+242%
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$84M+18.3%
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$35M-49.3%
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 mission systems — capex?
Northrop Grumman (NOC) reported mission systems — capex of $42M in Q2 2026.
How has Northrop Grumman's mission systems — capex changed year-over-year?
Northrop Grumman's mission systems — capex decreased by 10.6% year-over-year, from $47M to $42M.
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?
This metric tracks the investments made by the Mission Systems segment in property, plant, equipment, and software to support long-term operational capacity. It reflects the segment's commitment to maintaining technological superiority and manufacturing infrastructure. High capital expenditure often signals future growth initiatives or the modernization of production facilities.