This handbook, designed to help analysts assess cost estimates of space systems, covers planning an estimate and identifying the key data needed. It also provides typical cost ranges for components of relevant historical space programs. It supplements the Air Force Cost Analysis Agency's spacecraft training course by focusing on the cost analysis implications of the systems and processes covered in the course.

The authors examine the effects on cost of various trends in test and evaluation for certain military systems.

Late in 1996, the Air Force enlisted RAND's help to respond to inquiries from Congress about the effects of a specific Air Force proposal to consolidate and divest a portion of Eglin Air Force Base's test and evaluation capabilities. The analysis found areas of financial merit in the proposal but also elements that may not be cost effective. The authors highlight areas of risk for Air Force consideration prior to implementation.