News

Following approval by city council Tuesday evening, Fulshear’s 4A Corporation will develop a tax abatement policy to attract more economic and business development to the city.

BAE Systems announced Wednesday afternoon that it is eliminating between 1,100 and 1,300 jobs in response to the loss of the U.S. Army’s contract last August for the production of Family of Medium Tactical Vehicles (FMTV).

The workforce reduction affects the company’s U.S. Global Tactical Systems (GTS), which employs 2,900 people in Sealy and Houston, as well as Sterling Heights, Mich. The Katy Times has been unable to confirm at this time whether there will be cuts at BAE’s other facilities across the country.

BAE said it will begin eliminating the majority of its 600 temporary positions in September, followed by employee reductions in October and December.

“This was an extremely difficult decision, but a necessary one in order for us to remain viable in an increasingly competitive and challenging environment,” said Dennis Morris, president of GTS at BAE. “We deeply regret the impact this decision will have on our employees.”

BAE said it will provide advance notice of layoff to affected employees, and after separation, offer each affected BAE Systems employee a severance package which includes severance pay, benefits and outplacement assistance.