KH-11 Kennan - Cost

Cost

Unit costs, including launch, in 1990 dollars are estimated to be in the range of US$1.25 to 1.75 billion (inflation adjusted US$2.22 to 3.11 billion in 2012).

According to Senator Kit Bond initial budget estimates for each of the two legacy KH-11 satellites ordered from Lockheed in 2005 were higher than for the latest Nimitz-class aircraft carrier (CVN-77) with its projected procurement cost of US$6.35 billion as of May 2005. In 2011, after the launch of USA-224, DNRO Bruce Carlson announced that the procurement cost for the satellite had been US$2 billion under the initial budget estimate, which would put it at about US$4.4 billion (inflation adjusted US$4.55 billion in 2012).

Read more about this topic:  KH-11 Kennan

Famous quotes containing the word cost:

    Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates.
    Gore Vidal (b. 1925)

    Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.
    Samuel Johnson (1709–1784)

    Oh high is the price of parenthood,
    And daughters may cost you double.
    You dare not forget, as you thought you could,
    That youth is a plague and a trouble.
    Phyllis McGinley (20th century)