# 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.

- Type: Investment
- Announced: 2025-02-24
- Where: Goose Creek, South Carolina, United States
- Value: $45.0M
- Starts operating: 2026
- Status: under construction
- Capacity: 40,000 square-foot expansion
- Products: naval propulsion systems, steam turbine generators, electric propulsion system components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Leonardo DRS](https://endata.com/companies/4486.md)
- [General Dynamics Electric Boat](https://endata.com/companies/5313.md) (customer)
- [HII's Newport News Shipbuilding](https://endata.com/companies/66281.md) (customer)

## Sources

- [leonardodrs.com](https://www.leonardodrs.com/news/press-releases/leonardo-drs-receives-45-million-u-s-navy-investment-commitment-to-bolster-us-submarine-industrial-base/), 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.