Webb Budget Problems Linger

Budget fight rages over James Webb Space Telescope, Washington Post

"But if Congress provides less than the $530 million that NASA says the project needs next year, the schedule will slip further and costs will continue to rise. In 2006, NASA estimated that Webb would cost $2.4 billion and could launch in 2014. In 2008, the price tag rose to $5.1 billion. A congressionally mandated report released last year found that NASA had underestimated costs and mismanaged the project. This summer, NASA said it had already spent $3.5 billion on the project and needed a total of $8.7 billion to launch in 2018."

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This page contains a single entry by Keith Cowing published on October 28, 2011 12:00 AM.

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