Program Cost
In January 1969, NASA prepared for the US Congress an estimate of the costs for projects Mercury, Gemini, and Apollo (to the first manned Moon landing). This estimate gave the cost of Project Mercury as $392.6 million, broken down as follows:
- Spacecraft: $135.3 million
- Launch vehicles: $82.9 million
- Operations: $49.3 million
- Tracking operations and equipment: $71.9 million
- Facilities: $53.2 million
In 2010, The Space Review estimated the cost of Mercury as $1.6 billion in inflation-adjusted dollars.
Read more about this topic: Mercury Spacecraft
Famous quotes containing the words program and/or cost:
“At Hayes’ General Store, west of the cemetery, hangs an old army rifle, used by a discouraged Civil War veteran to end his earthly troubles. The grocer took the rifle as payment ‘on account.’”
—Administration for the State of Con, U.S. public relief program (1935-1943)
“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)