A major defense contractor is planning a huge expansion just north of Charlotte, bringing 423 new jobs and a $95 million investment to Mooresville.
Corvid Technologies will add a new 400,000-square-foot advanced manufacturing facility at its Iredell County headquarters. The expansion will focus on engineering, manufacturing and vehicle launch systems.
“We’re incredibly excited to continue expanding our campus here in North Carolina and investing in the people, facilities, and capabilities that will support Corvid’s growth for years to come,” said Corvid CEO Dr. David Robinson in a press release.
The new jobs will include engineers, electricians, assemblers, technicians, production managers and testers. Average annual pay is expected to reach $81,550, well above Iredell County’s $64,895 average.
Combined, those positions could create nearly $34.5 million in new annual payroll for the region.
Corvid started in Mooresville in 2004 as a small modeling and simulation firm. It has since grown into a defense contractor specializing in computational physics, advanced engineering and precision manufacturing.
The company has worked on military projects involving hypersonic systems, sub-orbital vehicles, rocket motors and missile-defense technology.
North Carolina approved a Job Development Investment Grant to help support the expansion.
Corvid could receive up to $4.45 million over 12 years, but only if it meets hiring and investment targets. State officials estimate the project could add $1.7 billion to North Carolina’s economy during that period.
State and company leaders discussed the project during the 2026 Farnborough International Airshow in England.
The expansion will significantly increase Corvid’s manufacturing capacity while adding hundreds of high-paying defense and engineering jobs to the Charlotte region.
