# Espey Mfg. & Electronics Corp. awarded $3.4 million for capital improvements

Espey Mfg. & Electronics Corp. received $3.4 million in funding from the U.S. Navy for capital equipment and facility upgrades at its Saratoga Springs, NY facility. Project completion is expected in 2026.

- Type: Investment
- Announced: 2025-03-27
- Where: Saratoga Springs, New York, United States
- Value: $3.40M
- Starts operating: 2026
- Status: announced
- Products: military and industrial power supplies, power systems, transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Espey Mfg. & Electronics](https://endata.com/companies/81982.md)

## Sources

- [espey.com](https://www.espey.com/espey-mfg-electronics-corp-announces-funding-award-for-capital-improvements/), 2025-03-27: "The funding is part of the U.S. Navy’s initiative to strengthen and sustain the domestic U.S. Surface Combatant Industrial Base."

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