A. The following information obtained by the authority is not subject to inspection pursuant to the Inspection of Public Records Act [Chapter 14, Article 2 NMSA 1978]:
(1) proprietary technical or business information, or information that is related to the possible relocation, expansion or operations of its aerospace customers, for which it is demonstrated, based on specific factual evidence, that disclosure of the information would cause substantial competitive harm to the aerospace customer;
(2) trade secrets, as defined in Subsection D of Section 57-3A-2 NMSA 1978; and
(3) information that would compromise the physical security or cybersecurity of authority facilities or an aerospace customer of the authority.
B. The presence in a record of information that need not be disclosed pursuant to Subsection A of this section does not exempt the record from disclosure.