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Local Data

Location & Expansion Log

Diverse companies – from startups to multinational corporations – continue to relocate and expand existing operations in the Charleston region.

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CRDA-Facilitated Projects

2024

Leonardo DRS / DRS Naval Power Systems

February 27, 2024

Jobs: 58
Investment: $120 Million

Defense products and technologies manufacturing and testing

Multinational firm Leonardo DRS, through its subsidiary, DRS Naval Power Systems, has announced it will build a 140,000-square-foot manufacturing and test center at 1588 Bushy Park Road in Berkeley County within the Charleston region. DRS Naval Power Systems provides naval power and control technology solutions for the U.S. Navy and allied navies, as well as for commercial applications. The new facility will expand the company's capability to integrate its next-generation electric propulsion system into current and future naval platforms including the U.S. Navy's priority program, the Columbia-class ballistic missile submarine. Operations are expected to be online by 2026.

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