Gov. Terry McAuliffe announced Tuesday that Defense Technology Equipment, Inc. will invest $866,500 to expand in Loudoun County, creating 20 new jobs, according.
Sterling-based DTE provides aviation logistics and procurement services for military and commercial users.
“Defense Technology Equipment has called Loudoun County home for nearly 30 years, and we are thrilled to watch this small, Virginia-based business nearly double its workforce with this expansion,” McAuliffe said in a statement. “The Commonwealth is an ideal location for companies serving the aerospace industry and the military, as our central East Coast location, close proximity to U.S. government agencies, and premier transportation network all enable easy, strategic access to customers anywhere in the world.”
According to the announcement, DTE is a leader in the aerospace industry for aftermarket sales and distribution of spare parts for military aircraft, and has been in the field of military aerospace and aviation logistics support since 1989. The company has a distribution center and warehouse five minutes from Dulles Airport on Ridgetop Circle in Sterling.
“Virginia’s vast assets, including strategic Mid-Atlantic location with access to several international airports and ports, workforce, and education system, were key factors in our decision to expand in Loudoun County,” said Defense Technology Equipment Senior Vice President Maria Badillo. “I look forward to continuing to work with the Virginia Economic Development Partnership and Loudoun County as we begin the next chapter of our growth in the Commonwealth.”
Defense Technology Equipment is a 2014 graduate of the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade Program. VALET is an application-based, two-year international export acceleration program.
“More than 285 aerospace firms call the Commonwealth home, and they are drawn here by a skilled workforce, pro-business environment, and unparalled infrastructure,” said Secretary of Commerce and Trade Todd Haymore. “Virginia has been a leader in this industry of the future for decades, and continuing to support and grow this vital sector will remain a priority for years to come.”
The Virginia Economic Development Partnership will support DTE’s new job creation through its Virginia Jobs Investment Program. The program provides consultative services and funding to companies creating new jobs or experiencing technological change to support employee training activities. As a business incentive supporting economic development, the program reduces the human resource costs of new and expanding companies. It is state-funded.
“DTE is an exciting #LoudounPossible success story, an impressive company that has achieved growth and stability over time,” stated Buddy Rizer, Executive Director, Loudoun Economic Development. “We applaud the company’s expansion and look forward to its continued contribution to the success of Loudoun’s economy.”
“I’m excited to see Defense Technology Equipment, Inc. reinvesting in the 33rd District and the Dulles Technology Corridor,” said state Sen. Jennifer T Wexton (D-33). “Innovative companies like DTE, recognize that Loudoun is a great place for their employees to live and their businesses to thrive.”
“I’m very excited that Defense Technology Equipment has decided to expand its workforce and investment in Loudoun County and Virginia,” said Del. John J. Bell (D-87). “Loudoun County offers an ideal business location that is close to Dulles Airport—the largest in the region—and has a high quality workforce and quality of life. A key goal for the future of Loudoun County is ensuring that people who live in Loudoun have the option of working in Loudoun and I applaud Defense Technology Equipment for helping us realize this goal.”