Budget
Early during development of the space shuttle, NASA had estimated that the program would cost $7.45 billion ($43 billion in 2011 dollars, adjusting for inflation) in development/non-recurring costs, and $9.3M ($54M in 2011 dollars) per flight. Early estimates for the cost to deliver payload to low earth orbit were as low as $118 per pound ($260/kg) of payload ($635/pound in 2011 dollars), based on marginal or incremental launch costs, and assuming a 65,000 pound (30 000 kg) payload capacity and 50 launches per year.
The actual total cost of the shuttle program through 2011, adjusted for inflation, is $196 billion. The exact breakdown into non-recurring and recurring costs is not available, but, according to NASA, the average cost to launch a Space Shuttle as of 2011 is about $450 million per mission.
NASA's budget for 2005 allocated 30%, or $5 billion, to space shuttle operations; this was decreased in 2006 to a request of $4.3 billion. Non-launch costs account for a significant part of the program budget: for example, during fiscal years 2004 to 2006, NASA spent around $13 billion on the space shuttle program, even though the fleet was grounded in the aftermath of the Columbia disaster and there were a total of three launches during this period of time. In fiscal year 2009, NASA budget allocated $2.98 billion for 5 launches to the program, including $490 million for "program integration", $1.03 billion for "flight and ground operations", and $1.46 billion for "flight hardware" (which includes maintenance of orbiters, engines, and the external tank between flights.)
Per-launch costs can be measured by dividing the total cost over the life of the program (including buildings, facilities, training, salaries, etc.) by the number of launches. With 134 missions, and the total cost of US$192 billion (in 2010 dollars), this gives approximately $1.5 billion per launch over the life of the program.
Read more about this topic: Space Shuttle Program
Famous quotes containing the word budget:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)