CURRENT AFFAIRS

Detailed explanation-1: -The Webb telescope was initially given a $1 billion total budget with a projected launch date of 2010. It surpassed $1.2 billion in total spending by 2007, three years after development began. According to NASA budget documents, the project has cost about $10 billion through the 2021 fiscal year.

Detailed explanation-2: -Cost and schedule issues NASA’s lifetime cost for the project is expected to be US$9.7 billion, of which US$8.8 billion was spent on spacecraft design and development and US$861 million is planned to support five years of mission operations.

Detailed explanation-3: -Taking over 20 years to build, the Webb telescope is one of NASA’s most expensive projects to date. Tricky engineering and management mishaps led to overspending and delays, meaning the budget went out the window. Now, it’s over a million miles away and capturing images of stars that first formed 13 billion years ago.