GAO: Artemis Overruns Still Eat NASA’s Lunch

Keith’s note: according to GAO’s NASA: Assessments of Major Projects: “Most major NASA projects since GAO’s first assessment in 2009 have avoided significant cost overruns. GAO found that of the 53 major projects that have completed development or are currently in the final phase of development, 30 remained under the statutory threshold for reporting cost overruns. Specifically, these 30 project’s development costs did not exceed their baselined cost estimates by 15 percent or more. When a project’s overrun rises to this threshold, NASA is required to take certain steps. For example, it must notify congressional committees of the overrun and update the project’s cost or schedule plans. At the same time, Artemis and Artemis-related cost overruns are an increasing proportion of the portfolio’s overall overruns. Three Artemis projects account for nearly $7 billion of the total overruns—or almost half of the overruns collectively experienced by the 53 projects.”