What is the latest status of the project “Castelion $119.8M Missile Facility”?

The status recorded for “Castelion $119.8M Missile Facility” is approved.

What is the budget and commercial profile for the project “Castelion $119.8M Missile Facility”?

Taiyo normalizes the budget of “Castelion $119.8M Missile Facility” to USD 119800000.

Where can I verify the source and access all details for “Castelion $119.8M Missile Facility”?

This Taiyo project page references The Business Journals along with the original URL (https://www.bizjournals.com/albuquerque/news/2025/12/01/rio-rancho-makes-approvals-for-castelion.html). Taiyo standardizes official data into a consistent, searchable project profile.

Castelion $119.8M Missile Facility

Sector: Water Supply and Storage • Location: Rio Rancho, New Mexico, United States

Source: The Business Journals

Project

Approved

Castelion is building a new $119.8 million missile manufacturing facility in Sandoval County, New Mexico. The project is expected to create 1,000 jobs and generate $659 million in economic impact over 10 years. The Rio Rancho Governing Body approved funding and infrastructure support, including water and wastewater services, and an intergovernmental agreement for road extensions to support the fac

Status: Prospective
Sector: Water Supply and Storage, Road, Aerospace & Defense, Manufacturing (Industrial), Commercial
Location: Rio Rancho, New Mexico, United States of America
Updated: 22 Jul 2026
Source: The Business Journals

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Project Information

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The project “Castelion $119.8M Missile Facility” is an infrastructure initiative in the Water Supply and Storage sector, located in Rio Rancho, New Mexico, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status	approved
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Castelion is building a new $119.8 million missile manufacturing facility in Sandoval County, New Mexico. The project is expected to create 1,000 jobs and generate $659 million in economic impact over 10 years. The Rio Rancho Governing Body approved funding and infrastructure support, including water and wastewater services, and an intergovernmental agreement for road extensions to support the facility.
Original sector	Construction
Budget

Location

Country	United States of America (USA)
State	New Mexico
City	Rio Rancho

Source

Source	The Business Journals
URL

More Details

Record type	Project
Sector	Water Supply and Storage, Road, Aerospace & Defense, Manufacturing (Industrial), Commercial
Article published date	2025-12-04

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Castelion $119.8M Missile Facility

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