LANL: Laboratory Spent $413 Million With New Mexico Small Businesses In FY 2020
Los Alamos National Laboratory increased its procurement contracts with New Mexico small businesses by 43 percent in FY 2020 to $413 million. Among its contractors is Española-based Performance Maintenance Incorporated, who also won the U.S. Department of Energy Award for HUB-Zone Small Business of the Year. Photo Courtesy LANL
LANL NEWS
New numbers for fiscal year 2020 show Los Alamos National Laboratory’s big impact on New Mexico’s economy, as the Laboratory employed 12,367 people for a total of $1.24 billion in salaries and contracted with small businesses statewide for $413 million.
“Los Alamos National Laboratory is a major economic driver in the region, and we are committed to strengthening local companies and growing the local workforce,” said Thom Mason, director. “Perhaps the most admirable gain in FY20 was our contracts with New Mexico small businesses, which were up 43 percent. I am confident we will build on these efforts in 2021.”