Exact(3)
The cancellation cost the company $400,000, Mr. Haimes said.
The agreement, which goes until 2021, has an estimated cancellation cost of $19 million.
The cancellation cost the studio $30 million, of which $20 million went to Washington and $5 million went to del Toro due to their pay or play contracts.
Similar(57)
Mr. Rumsfeld relented, citing high cancellation costs.
Boeing, another contractor, negotiated a clause that says NASA would pay for cancellation costs.
Lockheed Martin has estimated its cancellation costs at $350 million; ATK at $500 million.
In total, the companies' cancellation costs are expected to reach nearly $1 billion, NASA said.
Mr Putin may hope that energy-starved European countries will vent their frustration on Brussels over the cancellation costs; Bulgaria, he claimed, would lose $400m in transit revenues.
A G.S.A. spokesman said that the agency did factor cancellation costs into its estimate of $1 million in savings and characterized the expense as minimal.
The Association of British Insurers says if a doctor tells someone not to travel to a particular destination, then "most travel insurance policies will cover cancellation costs that cannot be reclaimed elsewhere".
At issue is a clause in the contracts of the prime Constellation contractors, which include Lockheed Martin and Alliant Techsystems Inc., or ATK, which says the contractors are responsible for cancellation costs.
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