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Slide 30 of 125
Pound wise, penny foolish... The fully reusable Phase-B shuttle would have been very expensive to develop but it did promise to save billions during the operational phase. The chart shows the planned life cycle cost over 445 missions (in 1970 dollars) as of April 1971 versus the actual cost of the partially reusable space shuttle configuration that was grudgingly approved eight months later by President Nixon's Office of Management and Budget. After numerous cost-cutting exercises during the development program, the operational phase in 1981- turned out to be far more expensive than anticipated. The explosion of Shuttle Challenger in January 1986 further increased the cost. NASA would spend $16 billion over the next 17 years on only 27 shuttle missions.
DEVELOPMENT | PRODUCTION | OPERATIONS | =TOTAL (in FY 1970 $M) | |
1972 | $23 | $23 | ||
1973 | $538 | $538 | ||
1974 | $1 197 | $2 | $1 199 | |
1975 | $1 637 | $69 | $19 | $1 725 |
1976 | $1 525 | $280 | $117 | $1 922 |
1977 | $1 065 | $320 | $228 | $1 613 |
1978 | $454 | $296 | $283 | $1 033 |
1979 | $116 | $132 | $143 | $391 |
1980 | $29 | $45 | $74 | |
1981 | $1 | $62 | $63 | |
1982 | $77 | $77 | ||
1983 | $90 | $90 | ||
1984 | $101 | $101 | ||
1985 | $110 | $110 | ||
1986 | $114 | $114 | ||
1987 | $109 | $109 | ||
1988 | $61 | $61 | ||
TOTAL | $6 555 | $1 129 | $1 559 | $9 243 |