The $10 billion NASA market

NASA's new budget for fiscal year 2006, which begins Oct. 1, envisions spending $10 billion for new competitive opportunities with industry, academia, and the agency's own field centers over the next five years. Almost alone among federal agencies (outside the defense and homeland security...

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Bibliographic Details
Published in:Military & aerospace electronics Vol. 16; no. 5; p. 18
Main Author: Rhea, John
Format: Magazine Article
Language:English
Published: 01-05-2005
Online Access:Get full text
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Summary:NASA's new budget for fiscal year 2006, which begins Oct. 1, envisions spending $10 billion for new competitive opportunities with industry, academia, and the agency's own field centers over the next five years. Almost alone among federal agencies (outside the defense and homeland security communities) NASA had a net increase in its budget of about 2.4 percent in the coming fiscal year - from $16.07 billion this fiscal year to $16.456 billion. That's 2.4 percent, about the rate of inflation, and the long-term plan calls for the agency's budget to keep climbing by about that amount for the next five years, reaching $18.027 billion by 2010. The big-ticket item is President Bush's plan for returning humans to the Moon and then going on to explore the planets.
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ISSN:1046-9079