Business Segments · CapEx

Space Systems — CapEx

Northrop Grumman Space Systems — CapEx decreased by 60.9% to $43.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 60.9%, from $110.00M to $43.00M. Over 3 years (FY 2021 to FY 2024), Space Systems — CapEx shows an upward trend with a 7.1% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

Increased spending often signals investment in new production capacity or R&D infrastructure, while lower spending may indicate a focus on cash preservation or a mature asset base.

Detailed definition

This metric tracks the funds used by the space systems segment to acquire, upgrade, and maintain physical assets such as...

Peer comparison

Comparable to capital intensity metrics in the aerospace and defense manufacturing industry.

Metric ID: noc_segment_space_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$132.50M$132.50M$132.50M$132.25M$132.25M$132.25M$132.25M$199.50M$199.50M$199.50M$199.50M$163.00M$163.00M$163.00M$163.00M$110.00M$43.00M
QoQ Change+0.0%+0.0%-0.2%+0.0%+0.0%+0.0%+50.9%+0.0%+0.0%+0.0%-18.3%+0.0%+0.0%+0.0%-32.5%-60.9%
YoY Change-0.2%-0.2%-0.2%+50.9%+50.9%+50.9%+50.9%-18.3%-18.3%-18.3%-18.3%-32.5%-60.9%
Range$43.00M$199.50M
CAGR-24.5%
Avg YoY Growth+2.8%
Median YoY Growth-0.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Northrop Grumman's space systems — capex?
Northrop Grumman (NOC) reported space systems — capex of $43.00M in Q1 2026.
How has Northrop Grumman's space systems — capex changed year-over-year?
Northrop Grumman's space systems — capex decreased by 60.9% year-over-year, from $110.00M to $43.00M.
What is the long-term trend for Northrop Grumman's space systems — capex?
Over 3 years (2021 to 2024), Northrop Grumman's space systems — capex has grown at a 7.1% compound annual growth rate (CAGR), from $530.00M to $652.00M.
What does space systems — capex mean?
The amount of money the space systems segment spends on long-term physical assets and infrastructure.