Cost
From 1964 until 1973, a total of $6.5 billion ($46.56 billion present day) was appropriated for the Saturn V, with the maximum being in 1966 with $1.2 billion ($8.6 billion present day).
One of the main reasons for the cancellation of the Apollo program was the cost. In 1966, NASA received its biggest budget of US$4.5 billion, about 0.5 percent of the GDP of the United States at that time. In 1969, the cost of a Saturn V including launch was US $ 185 million (inflation adjusted US$ 1.17 billion in 2012).
Read more about this topic: Saturn V
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)
“It breedeth no small offence and scandal to see and consider upon the one part the curiosity and cost bestowed by all sorts of men upon their private houses; and on the other part the unclean and negligent order and spare keeping of the houses of prayer by permitting open decays and ruins of coverings of walls and windows, and by appointing unmeet and unseemly tables with foul cloths for the communion of the sacrament.”
—Elizabeth I (1533–1603)
“Mining today is an affair of mathematics, of finance, of the latest in engineering skill. Cautious men behind polished desks in San Francisco figure out in advance the amount of metal to a cubic yard, the number of yards washed a day, the cost of each operation. They have no need of grubstakes.”
—Merle Colby, U.S. public relief program (1935-1943)