Galileo Costs

[philip_stevens]

In the March edition of the Merchant Navy Telegraph, that I have just received, there is an article on the cost of the Galileo satellite navigation system.

I quote, (and hope I do not upset Nautilusint.org),

"Europe's Galileo satellite navigation system is now expected to cost nearly €2bn more than expected, the European Commission has revealed. The system - which is due to be 100% operational by 2020 - will now cost an estimated €5.3bn."

 

[Grumpybear]

In the March edition of the Merchant Navy Telegraph, that I have just received, there is an article on the cost of the Galileo satellite navigation system.

I quote, (and hope I do not upset Nautilusint.org),

"Europe's Galileo satellite navigation system is now expected to cost nearly €2bn more than expected, the European Commission has revealed. The system - which is due to be 100% operational by 2020 - will now cost at estimated €5.3bn."

now there's a surprise. European collaborative engineering project overspent and delayed. who would ever have thought it. with nine years still to go, today's figures will prove to be absurdly optimistic. and that assumes that the thing will actually work.

still there is an upside - road pricing won't be happening any time soon.

 

[Rigger Mortice]

Anyone want to take a side bet that it will reach £10bn?

 

[Spyro]

Anyone want to take a side bet that it will reach £10bn?[/QUOTE

And it won't be ready for 2010 and when it is it will be obsolete