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Space launch tab: $44B by 2018

Sep. 11, 2013 - 03:45AM   |  
By MICHAEL PECK   |   Comments
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Military and civilian space launches will cost nearly $44 billion by 2018, according to a Government Accountability Office report. At the same time, research and development spending is expected to decrease over the next five years.

Procurement accounts for $28 billion, or 65 percent of the total, with the Department of Defense estimated to spend $16 billion versus $12 billion for NASA. Both DoD and NASA expect costs will increase over the next five years as the Pentagon continues its Evolved Expendable Launch Vehicle program and NASA pays crew and resupply flight to the International Space Station. The cost figures reflect estimated inflation.

Research and development needs are expected to decrease, with NASA predicted to spend $10.5 billion to develop new deep-space launch vehicles, while the Pentagon will spend $719 million.

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