Leonardo DRS, Inc. (Nasdaq: DRS) has signed an agreement for a new facility in Brookfield, Connecticut, that will consolidate its Naval Power Systems operations from three existing locations in Danbury and Bethel, Connecticut.

The site, located at 120 Park Ridge Road in Brookfield, will provide 141,087 square feet of space. Initial occupancy is expected in early 2027, with limited occupancy possible in late 2026, subject to final design and tenant improvement construction.

The new facility will replace the company's current three-location footprint and is intended to support U.S. Navy programs as well as operations related to nuclear energy, including plant modernization and advanced reactor development.

"This new facility represents an important investment in the future of our Naval Power Systems business and in our ability to support mission-critical customer requirements," said John Baylouny, chief executive officer of Leonardo DRS.

Jon Miller, senior vice president and general manager of the Naval Power Systems business, said the investment "gives us the space, infrastructure, and operational alignment to better serve our Navy customers today while also positioning the business to support emerging opportunities across the evolving nuclear sector."

Information in this article is based on a press release statement from Leonardo DRS.