Nuclear submarine manufacturer General Dynamics Electric Boat announced Thursday that it is acquiring the majority of the largely vacant Crystal Mall in Waterford.

The acquisition comes a few months after Electric Boat purchased the mall’s former Macy’s location . The company now owns most of the mall, with a former Sears location being the only exception.

Speaking to reporters and a small crowd of community members outside the mall Thursday, Electric Boat President Mark Rayha said the property will be renovated, with groundbreaking expected in mid-2026.

Once complete, the company expects to move engineering, training, software development and other support staff into the building. Somewhere between 3,000 and 5,000 workers are expected to use the property, which is estimated to open

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