# Leonardo DRS gets $45M US Navy investment to expand Goose Creek naval propulsion plant

Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with HII Newport News Shipbuilding. It will fund capabilities and a 40,000 sq ft expansion of its under-construction naval propulsion facility in Goose Creek, South Carolina, expected to open in 2026.

- Type: Expansion
- Announced: 2025-02-24
- Where: Goose Creek, SC, United States
- Value: $45.0M
- Status: under construction
- Capacity: 40,000 square-foot expansion of a 140,000 square-foot facility
- Products: naval propulsion motors, main propulsion drives, steam turbine generators
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Leonardo DRS](https://endata.com/companies/4486.md)
- [U.S. Navy](https://endata.com/companies/4174.md) (investor)
- [HII Newport News Shipbuilding](https://endata.com/companies/12808.md) (partner)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Business+Wire/Leonardo+DRS+Receives+%2445+Million+U.S.+Navy+Investment+Commitment+to+Bolster+US+Submarine+Industrial+Base/24392314.html), 2025-02-24: "The $45 million SIB investment will serve as a catalyst for a 40,000 square-foot expansion of the facility in support of capabilities critical to current and future U.S. Navy nuclear submarines and aircraft carriers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.