Filing Flows › Industries › Aircraft › Capital spending and supply chain
Aircraft: capital spending and supply chain
SIC 3721 · 8 companies with filed cash-flow statements
Analysis
8 companies in Aircraft (SIC 3721) spent $4.5B on capital projects over their latest twelve months, 182% of the $2.5B their operations generated; the three largest spenders — BA, JOBY, ACHR — account for 95%.
Capital spending is 4.6% of the industry's $97.2B of annual revenue.
By the industry's asset mix most of it goes to equipment (50%); about $659M is imported.
The largest supplier of that spending is manufacturing structures ($880M).
Its largest supplying industries, by the input-output tables: imports ($14.0B), other aircraft parts and auxiliary equipment manufacturing ($8.7B), aircraft manufacturing ($4.4B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| BA Boeing | $4.0B | $4.0B | 100% | TTM to Q3 2026 |
| JOBY Joby Aviation | $145M | −$639M | — | TTM to Q3 2026 |
| ACHR Archer Aviation | $120M | −$540M | — | TTM to Q2 2026 |
| BETA Beta Technologies | $114M | −$356M | — | TTM to Q3 2026 |
| AVAV AeroVironment | $83.8M | $58.8M | 143% | TTM to Q1 FY27 |
| AIRO Airo Group Holdings | $6.5M | −$50.4M | — | TTM to Q2 2026 |
| UAVS AgEagle Aerial Systems | $606K | −$14.3M | — | TTM to Q2 2026 |
| MTTN Matternet | $345K | −$10.2M | — | TTM to Q3 FY26 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| BA | U.S. government | 35% | Stated in 10-K (sentence) | filing |
| AVAV | U.S. government | 47% | Stated in 10-K (sentence) | filing |
| MOG-A | BA | 10% | Stated in 10-K (XBRL) | filing |
| HXL | BA | 10% | Stated in 10-K (sentence) | filing |
| DCO | BA | 13% | Stated in 10-K (XBRL) | filing |
| ATRO | BA | 10% | Stated in 10-K (sentence) | filing |
| BETA | U.S. government | 27% | Stated in 10-K (sentence) | filing |
| IA | BA | 8% | Stated in 10-K (sentence) | filing |
| BETA | UTHR | 16% | Stated in 10-K (sentence) | filing |
| BA | ATRO | — | Stated in 10-K (named, share not stated) | filing |
| BA | LUV | — | Stated in 10-K (named, share not stated) | filing |
| BA | ALGT | — | Stated in 10-K (named, share not stated) | filing |
| BA | DCO | — | Stated in 10-K (share of revenue from its products) | filing |
| BA | AAL | — | Stated in 10-K (named, share not stated) | filing |
| RBC | BA | — | Stated in 10-K (receivables) | filing |
| AVAV | usgov | — |
The interactive money flow: switch views, follow each dollar →
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.