Leonardo DRS Opens New Naval Power Facility in South Carolina, Expanding Production Capacity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
0mins
Source: Newsfilter
- Facility Opening: Leonardo DRS has officially opened a new naval power and propulsion manufacturing and testing facility in Charleston, South Carolina, covering over 140,000 square feet, underscoring the company's ongoing commitment to the U.S. Navy and defense industrial base.
- Production Capacity Enhancement: The facility focuses on advanced manufacturing, final assembly, integration, and testing of large components, aimed at supporting the Columbia-class ballistic missile submarine program, significantly boosting the U.S. Navy's production capabilities.
- Strategic Investment: Executives at Leonardo DRS stated that this investment is not only a national asset but also modernizes manufacturing infrastructure to ensure the U.S. military has access to critical capabilities when needed, thereby strengthening the defense industrial base.
- Future Demand Response: As the Navy fields more power-intensive weapons and sensors, the facility will provide scalable integrated power architectures essential for mission success in next-generation surface combatants and submarines.
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Analyst Views on DRS
Wall Street analysts forecast DRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRS is 47.33 USD with a low forecast of 40.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 41.300
Low
40.00
Averages
47.33
High
54.00
Current: 41.300
Low
40.00
Averages
47.33
High
54.00
About DRS
Leonardo DRS, Inc. is a provider of advanced defense technology to the United States national security customers and allies around the world. It specializes in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other mission-critical technologies. It is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. Its segments include Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment designs, develops, and manufactures sensing and network computing technology that enables real-time situational awareness required for operational decision making and execution by its customers. The IMS segment designs, develops, manufactures, and integrates power conversion, control and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation and logistics systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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