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SLS rocket procurement model (government design + industry build) cited as cautionary example for ISS replacement; suggests risk of cost overruns and schedule delays if applied to commercial LEO destination

Max Haot· Launcher / Vast· Space· 2026-05-14
Industry will build it in the same way as industries build the SLS rocket, but it's a very different approach than the promised commercialization approach.

Why it matters

SLS has become a cautionary tale in space procurement: massive cost overruns and schedule delays. VAST's implicit critique suggests that applying the SLS procurement model to ISS replacement would repeat these problems.

Investment implication

Contractors involved in government-designed, government-owned ISS replacement (e.g., Boeing, Lockheed Martin, Northrop Grumman) face higher execution risk and longer timelines if SLS-style procurement is adopted. Commercial contractors would benefit from competitive, fixed-price commercial model.

Source

Vast CEO Max Haot - The Most Consequential Policy Moment in Commercial Space Right Now (YouTube)
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