Cost
The total cost of the 38 flight KH-7 program from FY1963 to FY1967, without non-recurring costs, and excluding five GAMBIT cameras sold to NASA, was US$ 651.4 million in 1963 dollars (inflation adjusted US$ 4.94 billion present day). Non-recurring costs for industrial facilities, development, and one-time support amounted to 24.3% of the total program cost, or US$ 209.1 million. The resulting total program costs were US$ 860.5 million in 1963 dollars (inflation adjusted US$ 6.53 billion present day).
Read more about this topic: KH-7 Gambit
Famous quotes containing the word cost:
“Every new stroke of civilization has cost the lives of countless brave men, who have fallen defeated by the “dragon,” in their efforts to win the apples of the Hesperides, or the fleece of gold. Fallen in their efforts to overcome the old, half sordid savagery of the lower stages of creation, and win the next stage.”
—D.H. (David Herbert)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)