The federal government’s available resources for financial recourse in regards to failed satellite contracts is limited compared to its overall investment in the sector, according to a Government Accountability Office (GAO) report released Friday.GAO’s report, Satellite Acquisitions: Agencies May Recover a Limited Portion of Contract Value When Satellites Fail (GAO-17-490), analyzed contract data from 19 satellite programs across the Department of Defense, NASA and the National Oceanic and Atmospheric Administration (NOAA), as well as conducted 12 case studies to gain…
By