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Space Station: Cost Control Problems Continue to Worsen

T-NSIAD-97-177 Published: Jun 18, 1997. Publicly Released: Jun 18, 1997.
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Highlights

GAO discussed its current work on the International Space Station program, focusing on an update of information reported in July 1996 on the: (1) status of the program's financial reserves; and (2) prime contract's cost and schedule variances and estimates at completion.

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Topics

Budgetary reservesContract costsContract performanceCost overrunsFederal procurementForeign governmentsFuture budget projectionsInternational relationsSatellitesSchedule slippagesSpace exploration