VizualBusiness: Rumors of Continued Soaring Life-Cycle Costs for Webb Telescope

Wednesday, August 24, 2011

Rumors of Continued Soaring Life-Cycle Costs for Webb Telescope

Rumors of Continued Soaring Life-Cycle Costs for Webb Telescope:

Artists concept of the James Webb Space Telescope in space. Credit: NASA

Under the threat of cancellation because of cost overruns, this is about the worst news the James Webb Space Telescope could get. A report in Aviation Week & Space Technology says the life cycle costs for developing, launching and managing a five-year mission for the giant space telescope has risen to $8.7 billion, up from the previous estimate of $6.5 billion.

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