NASA Signs Lease with Planetary Ventures LLC for Use of Moffett Airfield and Restoration of Hangar One

In an effort to reduce costs and shed surplus property, NASA today signed a lease with Planetary Ventures, LLC to manage Moffett Federal Airfield (MFA), an agency facility located in Moffett Field, California, and rehabilitate its historic Hangar One. NASA estimates the lease will save the agency approximately $6.3 million annually in maintenance and operation costs and provide $1.16 billion in rent over the initial 60-year lease term.



November 10, 2014

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