DoD Invests CARES Act Funds for Diagnostic Testing, Defense Subsystem Manufacturing Efforts

URLhttps://blog.executivebiz.com/2020/08/dod-invests-
SourceBlog- executive biz
Date Published08/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Leonardo DRS
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):7
Country(ies) from which reshored:Italy
City reshored to:Arlington
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredDiode Pumped Alkali Laser modules
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:7 million
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