Leonardo DRS Opens Advanced Naval Power and Propulsion Facility in Charleston, South Carolina [Yahoo! Finance]
Leonardo DRS, Inc. (DRS)
Company Research
Source: Yahoo! Finance
ARLINGTON, Va., January 23, 2026 BUSINESS WIRE )--Leonardo DRS, Inc. (NASDAQ: DRS) today announced the official opening of its new, state-of-the-art naval power and propulsion manufacturing and testing facility in the Charleston, South Carolina region. The more than 140,000-square-foot facility is a major investment to expand domestic production capacity in support of U.S. Navy submarine and shipbuilding programs, including systems for the Columbia-class ballistic missile submarine program. The purpose-built facility provides advanced manufacturing, final assembly, integration, and testing space dedicated to large components for Leonardo DRS's naval electric power and propulsion systems. In addition to electric propulsion and power generation systems, the site supports naval steam turbine system design, manufacturing, and testing. "This strategic investment is a national asset and represents our commitment to supporting the U.S. Navy's efforts to increase production capacity acro
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- Leonardo DRS (NASDAQ:DRS) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=DRS&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</MarketBeat
DRS
Earnings
- 10/29/25 - Beat
DRS
Sec Filings
- 1/28/26 - Form 8-K
- 1/27/26 - Form 3
- 1/7/26 - Form 4
- DRS's page on the SEC website