• MSL overall budget needs remain around $400M at PMC, but reserves were unacceptably low (~13% cost-to-go)
• Expect a requirement for additional resources to restore reserves to adequate levels ($15-115M), predicted by several different cost models
• Amount to be determined this calendar year after more progress has made on technical issues

• Impacts must be contained in Planetary Division
  • The Mars Program will repay non-Mars "loans"

• Impacts to cover low- to mid-range budget needs, in order:
  • Reduce or eliminate Mars Program APA in FY10 and FY11
  • Reduce US portion of Mars-16/18/20 missions
  • Reduce Discovery future and New Frontiers mission lines (no impact to current schedules)

• Impacts increase to cover mid- to upper-range budget needs, in order:
  • Further reduce US portion of Mars-16/18/20 missions
  • Delay LADEE and ILN missions
  • Delay New Frontiers 3 phase B selection

• MSL Project's Baseline readjusted w/additional $400M in President's 2010 budget
• Updated Status to PSS (this meeting)

• Submit MSL Project Cost and Schedule Analysis Report ("Breach Report") to Congress by the end of July
  • Development = $1,631M (68% development overrun); LCC = $2,286M
  • Report states that additional reserves may be needed ($15M to $115M range)

• HQ/SMD will continue tracking progress through weekly meetings and metrics (resolution of technical issues, reserve burn rates, PFR closure rates, workforce profile, etc.)

• Conduct a "Readiness to Proceed" Review in November 2009--actuators, avionics, power, etc.
  • Project must stabilize these key technical issues for meaningful CTG estimates
  • Include updated cost estimate

• After "Readiness to Proceed" Review, assess the need for added funding reserves
  • APMC approval required
  • Bring back to PSS for review

News from Commercial Space Watch