Spacehab files $87.7 million Columbia claim

Spacehab, a provider of commercial space services, today announced that it has filed an $87.7 million claim against NASA for equipment destroyed during the Space Shuttle Columbia disaster.

Spacehab, a provider of commercial space services, today announced that it has filed an $87.7 million claim against NASA for the value of its Research Double Module (RDM) and related equipment that was destroyed during the Space Shuttle Columbia disaster.

In July 2003 Spacehab submitted a draft claim of $87 million to NASA for recovery of its RDM investment. The claim has since been revised and re-filed with NASA to incorporate the findings of the Columbia Accident Investigation Board (CAIB) report.

The CAIB said in August 2003 that NASA officials missed eight chances to address fears that falling insulation foam may have damaged the shuttle.The foam that fell from the ship’s external tank just after takeoff was ultimately found to be the accident’s likely cause.

Spacehab ‘s contract with NASA is said to have included an indemnification provision providing for any loss of, or damage to, the company’s flight hardware up to $8.0 million.

Spacehab ‘s final claim in the amount of $87.7 million includes a separately filed claim for the $8.0 million contractually-stipulated provision plus losses in addition to those contractually specified.

‘We believe that the company is entitled to recovery of the loss from NASA but there can be no assurances as to the timing or the amount, if any, to be received from the claim,’ said Brian K. Harrington, Spacehab Senior Vice President and Chief Financial Officer.

NASA has sixty days to respond to the claim or request an extension period.