The US Air Force has awarded a major contract to two Dayton companies, Matrix Research and Lion-Vallen Industries.
Dayton-area contractors are getting business despite cuts to the overall military budget.
Matrix Research develops sensors and high-tech materials—in this case, for stealth military aircraft. The company will get $45,085,000 to work on improving the the Air Force fleet through marginal technology upgrades; the award was announced Friday by the Air Force Institute of Technology based at Wright-Patterson Air Force Base.
Work has started on a site for a new 28-room hotel, restaurant and banquet hall in the village of Yellow Springs. The project has a price tag of at least $4 million, but it’s not a standard big investment.
On a blustery afternoon in March, the owner of the future Mills Park Hotel is out chain-sawing—clearing up tree stumps from a big empty lot on Route 68 in downtown Yellow Springs.
“I’m a do-it-yourself kind of person,” says Jim Hammond, who is soft-spoken and covered in sawdust.