A report released by the Pentagon this week warns of the consequences of continuing to fund the military at sequestration levels. The across-the-board spending caps have been relieved by a budget deal in Congress, but the Pentagon is saying that by 2021, the Department of Defense will have spent $1 trillion less than it had planned, making cuts in almost all areas including acquisition, research and personnel.
Thursday is the second day of meetings at Wright-Patterson Air Force Base for small businesses in the defense industry. The event is part of an effort on the part of the Air Force to work more with small contractors; base officials say it helps them stay efficient as the government cuts defense budgets.
Those cuts have been bad news for local industry, which provides the Air Force with everything from computer systems to research to airplane parts—but not all contractors are feeling the same pain.
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.