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Space

SDA’s Tournear Brushes Off Concerns About Fixed-Price Contracts

By Cal Biesecker

Tuesday, January 30th, 2024

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SDA’s Tournear Brushes Off Concerns About Fixed-Price Contracts

Pictured is Space Development Agency (SDA) Director Derek Tournear (SDA Photo)

Despite concerns from some in industry that bidding on fixed-price contracts can be too risky for them in terms of generating a profit, the head of the Space Development Agency (SDA) said on Tuesday he is sticking with this business model. Derek Tournear posted on the LinkedIn business social networking platform that following recent media reports about industry concerns related to the fixed-price model, he reached out to company executives to learn if they would still bid on SDA’s satellite…

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