Kilgore Economic Development today awarded General Dynamics SATCOM Technologies an incentive payment of $150,000.00 after the company met the requirements of an economic development agreement with the organization.
In order to meet the requirements, General Dynamics SATCOM Technologies recently made additional investments in real property improvements and added full time employees in Kilgore while maintaining the company's base employment.
“General Dynamics is a valued member of our business community and an important element in our economy,” said KEDC Executive Director Amanda Nobles. It is in Kilgore’s best interest to encourage this company to expand and invest here.”
“We appreciate the continued support from KEDC and Kilgore’s efforts to support local business,” said Steve Chambers, general manager of General Dynamics SATCOM Technologies in Kilgore. “We have enjoyed a long history in Kilgore and continue to enjoy the proximity to both our employment base and our business partners.”
General Dynamics SATCOM Technologies, part of General Dynamic C4 Systems, is a leading supplier of satellite and wireless communications products and services for video, voice and data worldwide. SATCOM Technologies' brands, VertexRSI, Gabriel and Prodelin, are the market leaders for base station and earth station communications products and services, VSAT antennas and antenna systems, and wireless backhaul products.
