Ordnance & Accessories, (No Vehicles/Guided Missiles): capital spending and supply chain
SIC 3480 · 5 companies with filed cash-flow statements
Capital spending, 12 months$195M
Operating cash flow$403M
Capex / cash flow48%
Capex / revenue3.8%
Top 3 share96%
Analysis
5 companies in Ordnance & Accessories, (No Vehicles/Guided Missiles) (SIC 3480) spent $195M on capital projects over their latest twelve months, 48% of the $403M their operations generated; the three largest spenders — AXON, SWBI, RGR — account for 96%.
Capital spending is 3.8% of the industry's $5.1B of annual revenue.
By the industry's asset mix most of it goes to equipment (57%); about $38.8M is imported.
The largest supplier of that spending is manufacturing structures ($48.1M).
Its largest supplying industries, by the input-output tables: ammunition, arms, ordnance, and accessories manufacturing ($446M), imports ($315M), paperboard container manufacturing ($167M).
Charts
Filed cash-flow statements (SEC XBRL).Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.