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Lockheed giving $10M to Air Force museum in Ohio

DAYTON, Ohio — Lockheed Martin Corp. plans to give $10 million over the next decade for a new building to hold aircraft at the National Museum of the United States Air Force in Ohio.

The Dayton Daily News reports one of the annual million-dollar donations was presented Monday by Ron Rand, a retired Air Force officer and senior vice president for the Maryland-based defense contractor.

The money goes to the Air Force Museum Foundation, which raises funds for the museum near Dayton. Foundation board president Richard Reynolds says it has $20 million banked and $14 million in pledges for the $47 million facility.

It will feature space program exhibits and presidential and historical Air Force cargo and tanker aircraft. Officials hope to begin construction in 2013 and open it the following year.