Filing Flows › Industries › Search, Detection, Navigation, Guidance, Aeronautical Sys › Capital spending and supply chain
Search, Detection, Navigation, Guidance, Aeronautical Sys: capital spending and supply chain
SIC 3812 · 10 companies with filed cash-flow statements
Analysis
10 companies in Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812) spent $2.7B on capital projects over their latest twelve months, 21% of the $12.9B their operations generated; the three largest spenders — NOC, LHX, GRMN — account for 88%.
Capital spending is 2.7% of the industry's $102.0B of annual revenue.
By the industry's asset mix most of it goes to equipment (44%); about $572M is imported.
The largest supplier of that spending is manufacturing structures ($558M).
Its largest supplying industries, by the input-output tables: imports ($8.5B), household appliances and electrical and electronic goods ($3.3B), management of companies and enterprises ($1.8B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| NOC Northrop Grumman | $1.4B | $5.3B | 27% | TTM to Q3 2026 |
| LHX L3Harris Technologies | $544M | $4.2B | 13% | TTM to Q3 2026 |
| GRMN Garmin | $419M | $1.9B | 22% | TTM to Q3 2026 |
| DRS Leonardo DRS | $146M | $490M | 30% | TTM to Q3 2026 |
| TDY Teledyne Technologies | $133M | $1.3B | 10% | TTM to Q3 2026 |
| LUNR Intuitive Machines | $61.4M | −$126M | — | TTM to Q2 2026 |
| CODA Coda Octopus Group | $731K | $6.3M | 12% | TTM to Q3 FY26 |
| MIND Mind Technology | $400K | −$3.5M | — | TTM to Q2 FY27 |
| AERG Applied Energetics | $164K | −$10.2M | — | TTM to Q2 2026 |
| NN Nextnav | $8K | −$53.1M | — | TTM to Q2 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| NOC | U.S. government | 84% | Stated in 10-K (sentence) | filing |
| DRS | U.S. government | 80% | Stated in 10-K (sentence) | filing |
| TDY | U.S. government | 25% | Stated in 10-K (sentence) | filing |
| MRCY | LHX | 12% | Stated in 10-K (customer table) | filing |
| MRCY | NOC | 10% | Stated in 10-K (sentence) | filing |
| SYPR | NOC | 63% | Stated in 10-K (sentence) | filing |
| ULBI | LHX | 27% | Stated in 10-K (sentence) | filing |
| DCO | NOC | 6% | Stated in 10-K (customer table) | filing |
| AIRI | NOC | 7% | Stated in 10-K (customer table) | filing |
| AMZN | NN | — | Stated in 10-K (named, share not stated) | filing |
| NOC | usgov | — | ||
| NOC | foreign | — |
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.