U.S. Navy's Submarine Expansion Boosts Capital Region Manufacturing and Jobs
The U.S. Navy's funding approval for Columbia-class and Virginia-class submarines is poised to boost manufacturing jobs in the Capital Region, particularly through local contractors like Espey Mfg. & Electronics and General Dynamics Electric Boat. The Kenneth A. Kesselring nuclear training site in Saratoga County will play a crucial role in this expansion, with significant economic benefits anticipated for the area. The Knolls Atomic Power Laboratory has also contributed to the submarine design, further enhancing local industry involvement.
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The U.S. Navy's recent approval of funding for Columbia-class and Virginia-class submarines is set to enhance manufacturing jobs in the Capital Region, a key nuclear submarine training area. The Kenneth A.
Kesselring nuclear training site in West Milton, Saratoga County, plays a pivotal role in this effort. Major contractors like General Dynamics and its subsidiary General Dynamics Electric Boat are expected to hire local firms, including Espey Mfg. & Electronics, DK Machine, Albany Valve & Fitting, and P1 Industries, for contracts related to submarine production.
Notably, Espey secured a $29.5 million contract to support the Columbia class. Additionally, the Knolls Atomic Power Laboratory in Niskayuna contributed to the design of mini reactors for these submarines. The Center for Economic Growth highlights the significant economic impact on Saratoga County from this submarine buildup.
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