Question

What are some of the pros (positive) and cons (negative) things that could result from private companies bidding for new space vehicles?

Answer 1

Private companies bidding for new space vehicles can have positive outcomes like increased competition and efficiency, but there can also be negatives such as higher costs and reliability concerns.

Step-by-step explanation:

When private companies bid for new space vehicles, there are pros and cons to consider. Some of the positive aspects include:

1. Competition: Private companies bidding for space vehicles can lead to increased competition, which can drive innovation and lower costs.
2. Efficiency: Private companies are often more efficient in their operations compared to government agencies, which can result in faster development and deployment of space vehicles.

However, there are also potential negatives:

1. Cost: Private companies may prioritize profit-making, which can result in higher costs for space vehicles.
2. Reliability: There might be concerns about the reliability and safety of space vehicles developed by private companies, as they may prioritize speed or cost-cutting over thorough testing and quality control.