Inertial fusion energy (IFE) power plants will require the ignition an
d burn of five to ten fusion fuel targets every second. The technology
to economically mass produce high-quality precision targets at this r
ate is beyond the current state of the art. Techniques that are scalab
le to high production rates, however have been identified for all the
necessary process steps, and many have been tested in laboratory exper
iments or are similar to current commercial manufacturing processes. A
baseline target factory conceptual design is described, and its capit
al and operating costs are estimated. The result is a total production
cost of similar to 16c/target. At this level, target production repre
sents similar to 6% of the estimated cost of electricity from a 1-GW(e
lectric) IFE power plant. Cost scaling relationships are presented and
used to show the variation in target cost with production rate and pl
ant power levels.