Leonardo DRS receives $45M Navy investment for submarine propulsion facility expansion

Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment to expand its new naval propulsion manufacturing facility in Goose Creek, SC, by 40,000 square feet. The facility is expected to open in 2026.

“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.”leonardodrs.com

• 1 source
• leonardodrs.comLeonardo DRS Receives $45 Million U.S. Navy Investment Commitment to Bolster U.S. Submarine Industrial BaseFeb 24, 2025

Summarized from public sources; check the original articles before acting on it.