AGP Executive Report
Last update: 6 hours agoDefense & Manufacturing: The U.S. awarded Lockheed Martin a $35.3B THAAD interceptor production contract, with a key flight test tied to White Sands Missile Range in New Mexico. Energy & Finance: Mexco Energy reported fiscal 2026 results showing net income down 24% as oil prices and volumes fell, while Delaware Basin drilling activity continued in Eddy and Lea counties. Oilfield Outlook: The Dallas Fed’s energy survey for the 11th District (including southern New Mexico) points to a four-year high in activity, but rising costs and regulatory pressure are squeezing margins. Roads & Public Safety: New Mexico vehicle registration fees rise July 1, and Albuquerque added four new speed cameras. Water & Agriculture Risk: Alabama moved to tighten animal movement rules after New World screwworm detections in Texas and New Mexico. Local Economy: “The Boroughs” cancellation is a hit to New Mexico’s film industry after the show generated major local spending and vendor work. Tech & Power Demand: Colorado communities are slowing data center growth over electricity and water concerns—an issue New Mexico industry watchers will be tracking. Health & Food Supply: Albuquerque Medicaid spending on vision services jumped sharply in 2024, reflecting shifting local health-care billing patterns.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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