The following table summarizes the COTS program research and development expenses incurred and amounts funded by NASA through completion of the program in 2013 (in millions):
2013
2012
2011
Inception to December 31, 2013
Research and development costs incurred (1)
$
49.9
$
62.6
$
158.8
$
530.4
Less amounts funded by NASA
(5.8
)
(21.9
)
(108.0
)
(288.0
)
Net research and development expenses
$
44.1
$
40.7
$
50.8
$
242.4
_______________________
(1) Includes associated general and administrative expenses.
