GAO on Federal Liability Risk for Commercial Launches

GAO: Commercial Space Launches: FAA Should Update How It Assesses Federal Liability Risk

"According to studies, the United States provides less commercial space launch indemnification for third party losses than China, France, and Russia. These countries put no limit on the amount of government indemnification coverage, which in the United States is limited by the Commercial Space Launch Act Amendments of 1988 (CSLAA). Governments' commitments to pay have never been tested because there has not been a third party claim that exceeded a private launch company's insurance."

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This page contains a single entry by Keith Cowing published on July 30, 2012 4:47 PM.

NASA Yanks Air Pressurized Paper Rocket Launcher Offline was the previous entry in this blog.

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