TRUMP’S NASA NOMINEE BACKS FUNDING METHOD THAT BENEFITTED SPACEX
https://s.yimg.com/ny/api/res/1.2/4goq0RM6tCsM8PDMI1qmfA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/6a587f70bfaab476e4f82fd5fb3528d7
✍️ Jared Isaacman, NASA's nominee for chief, is set to make his mark on the space agency's financing methods, potentially shifting towards fixed-price contracts.
👉 Jared Isaacman, NASA's nominee for chief, is set to make his mark on the space agency's financing methods. 👉 Isaacman supports fixed-price contracts, which would pay companies a lump sum upfront to build a rocket or hardware to go to the moon. 👉 Fixed-price contracts are already used for about 35% of NASA deals, and Isaacman's potential leadership could lead to a further shift towards this method. 👉 The approach is a departure from traditional cost-plus deals, where NASA foots the entire bill for projects. 👉 NASA's use of fixed-price contracts has led to a consolidated industry, with a handful of billionaires like Elon Musk and Jeff Bezos able to reach into their own pockets or tap accessible investment when the space agency's money runs out.
-- #JaredIsaacman #DonaldTrump #ElonMusk #JeffBezos #LoriGarver #JohnThornton #SteveAltemus #AlexMacDonald #GwynneShotwell #MikeFrench #NASA #Moon #Pittsburgh #Texas #InternationalSpaceStation #China #Israel #space
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