🇦🇺Australia

Mission Budget Overruns

1 verified sources

Definition

Federal budget allocates $1.16 billion over 15 years for National Space Mission Phase 1, structured as procurement rather than grants, risking overruns from poor visibility in multi-agency coordination.

Key Findings

  • Financial Impact: AUD $1.16 billion over 15 years (stretched funding horizon)
  • Frequency: Per major mission phase
  • Root Cause: Lack of integrated budgeting visibility across agencies

Why This Matters

The Pitch: Space research players in Australia 🇦🇺 face $1.16B stretched over 15 years on mission budgets. Automation of lifecycle costing aligns procurement and cuts overruns.

Affected Stakeholders

Project Managers, CFOs, Procurement Leads

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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