Cost of Project Apollo
NASA's budget peaked in the period 1964-1966, during the height of construction efforts leading up to the first moon landing under Project Apollo which involved more than 34,000 NASA employees and 375,000 employees of industrial and university contractors. Roughly 4% of the total federal budget was being devoted to the space program.
In March 1966, NASA officials briefing Congressional members stated the "run-out cost" of the Apollo program, aimed at achieving a manned lunar landing, would be an estimated $22.718 billion for the 13-year program, which had begun in 1959. According to Steve Garber, the NASA History website curator, the final cost of project Apollo was between $20 and $25.4 billion in 1969 Dollars (or approximately $136 billion in 2007 Dollars). The costs associated with the Apollo spacecraft and Saturn rockets amounted to about $83-billion in 2005 Dollars (Apollo spacecraft cost $28-billion (Command/Service Module $17-billion; Lunar Module $11-billion), Saturn I, Saturn IB, Saturn V costs about $ 46-billion 2005 dollars).
Read more about this topic: Budget Of NASA
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