CBO: NASA needs $24 billion a year to stick to schedules

by | Apr 16, 2009 | Ares, Constellation, exploration, International Space Station, NASA, Space Shuttle | 0 comments

NASA needs to increase its annual average funding by $5 billion to almost $24 billion for the next decade to achieve its 2020 Moon and International Space Station (ISS) goals and be able to fly the Space Shuttles to 2015

The $5 billion prediction is from the NASA authorisation act 2008 mandated US Congressional Budget Office’s (CBO) analysis of NASA’s forecasted budgets and its past programmes’ cost performance. The $5 billion figure is from 50% cost overrun estimates based on a 2004 CBO analysis of 72 past NASA programmes

The CBO also found that with no changes to NASA’s budget to achieve the 2020 Moon and ISS goals would mean cuts to the science and aeronautics budgets

In November 2008 a CBO analysis concluded that Orion-Ares’ costs could spiral by $7 billion and its first manned flight may be two years later than planned in 2017

Thanks to Jeff Foust and his tweet for alerting me to this report

About Seradata

Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to www.seradata.com/spacetrak

Related Articles

Tianwen 1 mission’s Zhurong-1 Mars rover may have expired in its sleep

SpaceNews reports (quoting the South China Morning Post) that the Zhurong 1 Mars rover as part of the Tianwen 1 Read more

Tom Cruise may have saved cinema industry with Top Gun-Maverick but he has even higher movie plans with space station studio module now ordered

While action film actor Tom Cruise has his detractors, you cannot say he is not successful. Recently starring in the Read more

NASA goes Nuclear Thermal as it plans to launch engine on DARPA’s DRACO project test mission in 2027

Nuclear Thermal rocket propulsion has been mooted since the 1960s. The idea is to use nuclear power to heat rocket Read more

First ISS spacewalk for 2023 completed

On 20 January 2023 JAXA astronaut Koichi Wakata and NASA astronaut Nicole Mann opened the Quest airlock hatch at 1312 Read more

Events on International Space Station: Dragon CRS-26 departs as do some cubesats

Events on the International Space Station have been more muted after the excitement of the Soyuz MS-22 coolant leak. On Read more

Soyuz MS-23 to replace leak-damaged Soyuz MS-22 for crew return

Following a radiator leak on 15 December, Roscosmos, in agreement with NASA and other International Space Station (ISS) partners, has Read more

What’s Next for Space Exploration in 2023 and Beyond

Much changed on Earth and in space during 2022. In July the James Webb Telescope, the largest optical telescope in Read more

Astronauts successfully install fourth iROSA solar array on ISS

NASA astronauts Josh Cassada and Frank Rubio competed their mission to install the fourth of six roll-out solar array panels Read more