“Cost of Hubble Telescope Replacement is Astronomical”


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NASA:  “We're better rocket scientists than accountants”

Think you could use that excuse as a scientist working on a project in a biotech or pharmaceutical company?  The above titled AP story that appeared on the web last week discusses the significant cost overruns NASA is experiencing in developing the James Web Space Telescope that is to replace the aging Hubble.  Original estimates were about $3.5 billion with a targeted launch of 2007.  The current estimates are about $6.5 billion and an estimated launch not before 2015. If you are a postdoc considering a move to industry, you should read on.