[stars image] [Sandia National Laboratories]
Financial Overview

Fact Sheet
[pie chart]

Total FY97 costs were approximately $1.37 billion.

In 1997, Sandia National Laboratories continued to focus on its core mission of national security while reducing the size of its work force by approximately 450 employees.

During the fiscal year that ended Sept. 30, 1997, Sandia pumped more than $1.2 billion into the local economies in New Mexico and California. That figure includes salaries to 7,540 employees, commercial purchases, pensions, and taxes.

In New Mexico, 6,650 full-time employees were on the payroll at Sandia, representing $402 million. In California, Sandia paid $59 million in salaries to 890 employees.

Commercial purchases totaled $540 million in New Mexico and $64 million in California.

Sandia is proud of its sponsorship of small, disadvantaged, and women-owned businesses. More than half of all purchases -- 55 percent -- went to small businesses. Small disadvantaged businesses earned $63.8 million. Women-owned businesses sold $41.3 million of goods and services to Sandia.

The State of New Mexico collected $38 million in gross receipts taxes from Sandia. Sandia paid $36 million in medical and dental benefits in New Mexico and $9 million in California. Payments to retirees totaled $8 million in California and $59 million in New Mexico.

Total expenditures for the year, including operating, capital equipment, and construction costs, were $1.37 billion. Defense spending -- $818 million -- represented more than half of all operating expenditures. Operating expenditures for energy and environmental research totaled $232 million, and work for other government agencies totaled $245 million.

Sandia is a multiprogram laboratory operated by Sandia Corporation, a Lockheed Martin Company, for the United States Department of Energy.

Dick Shepardson, controller, (505) 844-1132, rlshepa@sandia.gov

Media contact:
Larry Perrine, lgperri@sandia.gov (505) 845-8511

Last modified: December 8, 1997

Back to top of page || Sandia Home Page

Questions and Comments || Privacy and Security