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Its still there with a Honeywell sign. See cars in the parking lot and security aorund. Not sure if they are still doing avionics there or if they are using it for something else now.
If I remember correctly, Honeywell began operations in Albuquerque around 1980. In addition to their own manufacturing projects, Honeywell has research agreements with UNM, and with Northrop Grumman now co-manage Sandia Labs.
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