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Tag Archives: spending

Economic impact: Sandia Labs tops $4.2B in spending for first time, added 480 jobs in FY22

ALBUQUERQUE, N.M. — For the first time, Sandia National Laboratories’ contributions to the economy have topped $4.2 billion in a fiscal year, supporting individuals, families and businesses at an unprecedented level. Total spending in fiscal year 2022, which ended Sept. 30, was $312 million more than the previous fiscal year. The spending includes labor, subcontracts, […]

Economic Impact: Sandia Labs injects $3.76B into economy

ALBUQUERQUE, N.M. — Driven by the purchasing of goods and services and payroll, Sandia National Laboratories injected an all-time high of more than $3.76 billion into the economy in fiscal year 2020. “It’s no secret that the second half of the year was tough on a lot of people and businesses, especially smaller companies, which […]

Economic Impact: Sandia Labs spends $3.68B

ALBUQUERQUE, N.M. — Sandia National Laboratories pumped an all-time high of nearly $3.68 billion into the economy in fiscal year 2019 by spending on goods, services, payroll, taxes and other payments, Labs Director James Peery announced today. “Sandia is proud of the past success but will not rest,” Peery said. “We will keep building on […]

Sandia Labs spending, economic impact up in 2015

ALBUQUERQUE, N.M. — Sandia National Laboratories spent roughly $983 million on goods and services in fiscal year 2015, up nearly $21 million from the previous year, and New Mexico businesses received more than $381 million, or 39 percent of the total, according to the labs’ latest economic impact report. U.S. small businesses received more than […]