ALBUQUERQUE, N.M. (AP) — Sandia National Laboratories says it spent more money in 2015 than the previous year and more than $381 million went to New Mexico businesses.
The national laboratory released its latest economic impact report Thursday. It covers spending from October 2014 through the end of September 2015.
It shows spending on goods and services was just shy of $1 billion at $983 million. That's up nearly $21 million from the previous year.
Officials say small businesses across the country received more than half of the available dollars, or about $519 million in contracts with the lab.
Don Devoti is the manager of Sandia's Small Business Utilization Department. He says the numbers show Sandia continues to be a driving force in New Mexico's economy.