Economic Impact Report Spotlights Sandia Lab’s Effect on New Mexico Economy

Sandia spent close to $1 billion overall on the procurement of goods and services in fiscal year 2011, and small businesses across the nation were awarded more than half those dollars, according to the Labs’ latest economic impact report.

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ALBUQUERQUE, N.M. — Sandia National Laboratories spent close to $1 billion overall on the procurement of goods and services in fiscal year 2011, and small businesses across the nation were awarded more than half those dollars, $540 million or 59 percent, according to the Labs’ latest economic impact report.

The 2011 Sandia National Laboratories Economic Impact on the State of New Mexico report breaks down Sandia’s spending and spotlights its role in the state’s economy. The annual report shows New Mexico companies secured nearly $400 million in business with Sandia.

“Sandia National Laboratories is committed to strengthening our relationships with the New Mexico business community and, in particular, to be a strong advocate for New Mexico’s diverse, small business suppliers,” said Don Devoti, manager of Sandia’s Small Business Utilization Program.

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