Sandia Labs ups small business spending in New Mexico

As Albuquerque Mayor Tim Keller pushes city government to spend more with New Mexico businesses, Sandia National Laboratories is also spending more money in its backyard.

Economic impact data from FY18, which began in September 2017 and ended in October, shows the labs subcontracted 69 percent of in-state projects to small businesses in New Mexico.

Albuquerque-based Sandia spent $317 million on small businesses in the Land of Enchantment last fiscal year, an uptick of around $50 million compared…

Source: The Business Journal