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SwRI Announces Record 2020 Consolidated Revenues of Nearly $696 Million
February 17, 2021 GMT
SAN ANTONIO (BUSINESS WIRE) Feb 17, 2021
Southwest Research Institute announced consolidated revenues of nearly $696 million in fiscal year 2020, up more than 3% from 2019 and the highest ever recorded by the Institute. Internal research and development spending increased 24%, topping $10 million for the first time.
The Institute’s Advisory Trustees, Board of Directors and special guests met virtually for the 73rd Annual Meeting, highlighted by presentations about several innovative research and development programs underway at SwRI in 2020.