AWST Says JWST Cost Now $8.7 Billlion
Aviation Week and Space Technology (AWST) is reporting that the cost of the James Webb Space Telescope (JWST) is now expected to be $8.7 billion.
The magazine says that a NASA spokesman asserts that the cost includes development, launch and science costs and is an increase of $3.6 billion over NASA’s most recent cost estimate.
JWST is often described as the successor to the popular Hubble Space Telescope, although it operates in a different spectral band (infrared, rather than visible) and will be in a very different orbit — at the L2 Lagrange point, not in Earth orbit where it could be serviced by astronauts.
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