MIflyer
1st Lieutenant
17 people killed by Shuttle.While the 7 astronauts lost don't compare to the hundreds estimated lost due to shitty Mk 14s, in terms of both money and institutional stupidity the loss was the equal of the torpedo imbroglio.
In 1977 NASA knew that a Space Shuttle launch would cost $14 to conduct and would bring in at least $18M and as much as $36M from payload charges. And they had claimed they would launch up to 50 missions a year.
An outfit did a cost per launch estimate of the Shuttle missions, and it came out to $1.5 Billion a launch. And that almost had to be too low; they did not know where to look for all the costs. Income from payloads all but ended after the loss of the Challenger. The most number of launches they attained was 9, attained in only one year, most years it was a maximum of 8 and some years it was zero.
If the Torpedo Debacle had been handled the same as Shuttle, they would have had Goat Island keep right on making their defective torpedoes, even if they had competent firms make better ones. As it turned out, the USN decreased the RI Torpedo Factory workforce by the end of the war and sold the whole place off soon after the war.