If they cannot fix this, how much $$ are they out?
Very good question.
...”It is the latest setback for the controversial, $13.3 billion Galileo project, which has suffered from political squabbles, budget overruns, manufacturing delays and a component failure aboard a developmental satellite earlier this year...”
... But an apparent problem with the guidance system of the upper stage caused both satellites to end up in what Arianespace described a “noncompliant orbit...
...difficulties cropped up two days after Arianespace and the European Space Agency, acting on behalf of the European Commission, signed contracts for three Ariane 5 launches to lift 12 additional Galileo ...
http://online.wsj.com/articles/galileo-satellites-launched-into-wrong-orbits-1408827462
Very disappointed the WSJ did note possible losses?
Good news!
Only ~$200 million loss + ~$200 million replacement cost. +++
The BAD NEWS.
This was NOT in the five year plan.
There will be a modest tax increase.
...The satellites on Friday’s Soyuz launch were purchased in 2010 as part of a 566 million euro contract. Each spacecraft is worth about 40 million euros, or $53 million, under the deal.
At the same time as its selection of OHB to build the first set of operational Galileo satellites, the European Commission finalized a contract with Arianespace for five Soyuz launches to send up two spacecraft at a time.
http://spaceflightnow.com/soyuz/vs09/140822anomaly/#.U_kkOtRdVwA
The launch contract was worth 397 million euros — about $525 million, or $105 million per flight...