Report: NASA's major projects busting budgets, schedules
Source: Associated Press
Report: NASAs major projects busting budgets, schedules
By MARCIA DUNN
May 30, 2019
CAPE CANAVERAL, Fla. (AP) NASAs major projects are busting budgets and schedules like never before, according to a congressional watchdog agency.
The U.S. Government Accountability Office reported Thursday that NASAs major projects are more than 27 percent over baseline costs and the average launch delay is 13 months. Thats the largest schedule delay since the GAO began assessing NASAs major projects 10 years ago.
The still-in-development James Webb Space Telescope is the major offender. The projected launch date for this advanced successor to the Hubble Space Telescope is now 2021, with an estimated $9.6 billion price tag, the GAO noted. Its original target launch date was 2007, with initial cost estimates as low as $1 billion.
NASAs yet-to-fly mega rocket, the Space Launch System, also faces big cost overruns because of production challenges and, likely, even more launch delays.
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