- December 18, 2014
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With Wright-Patterson Air Force Base bracing for the possibility of downsizing as the Pentagon struggles to meet stringent spending caps, local officials in the Miami Valley region of Ohio plan to apply to DOD’s Office of Economic Adjustment for a diversification planning grant ranging from $4 million to $6 million. The Dayton Development Coalition, Montgomery County and Wright State University want to use the grant to help diversify the region’s economy ahead of looming federal budget cuts and a prospective BRAC round. Wright-Patt supports 27,500 workers directly and thousands of contractor positions, reported the Dayton Business Journal. The development coalition has been trying to protect jobs at the installation. Tenant organizations at Wright-Patt support many local research companies and organizations, including the University of Dayton Research Institute.