NASA and Other Federal Budget Overruns
2 Articles
2 Articles
NASA and Other Federal Budget Overruns
What is the history of NASA and some Federal Budget overruns? The Space Shuttle, ISS, SLS, and Constellation programs all experienced significant delays (2–7+ years) and budget overruns (billions). NASA has tried to pivot to fixed-price contracts since 2006 contrasts with the DoD’s continued reliance on cost-plus for complex procurements, though fixed-price use occurs in ...
New NASA Budget Proposal Will Hit The Space Coast Region Hard
Hard times for the Space Coast’s local economy might be ahead. The Administration’s proposed fiscal year 2026 budget includes a 24.3% reduction in NASA’s funding, decreasing the agency’s budget from $24.8 billion to $18.8 billion. This so-called “skinny” budget blueprint is a high level one short of full details, which will be forthcoming. After that, Congress will take up and begin debate on a budget bill. This proposed significant cut threaten…
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