ExpansionAug 4, 2026, 04:03 PM
Leonardo DRS Expands Naval Power Systems with New Brookfield Facility
AI Summary
Leonardo DRS, Inc. announced an agreement for a new 141,087 square foot facility in Brookfield, Connecticut. This expansion will consolidate operations for its Naval Power Systems business, currently spread across three locations, into a single site. The move is intended to strengthen support for critical U.S. Navy programs and position the company for future growth in the evolving nuclear energy market. Initial occupancy is anticipated in early 2027, with potential for limited occupancy in late 2026.
Key Highlights
- Signed agreement for a new facility in Brookfield, Connecticut.
- New site provides 141,087 square feet of space.
- Consolidates operations from three existing locations in Danbury and Bethel.
- Initial occupancy expected in early 2027.
- Potential for limited occupancy in late 2026.
- Aims to strengthen support for U.S. Navy programs.
- Positions the company for future growth in the nuclear energy landscape.
Price Impact
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