A corrosion resistant automatic splice having a housing with opposed first and second ends, an interior cavity between the ends, and a plurality of drainage openings disposed between an exterior surface of the housing and the interior cavity. The first and second ends are each adjacent a biasing member or spring. A semi frustoconical gripping jaw or clamp is located at each of the first and second ends adapted for receiving a cable. The drainage openings aid in voiding corrosive contaminants from the interior cavity of the splice.