The Columbia Accident Investigation Board (CAIB) was an internal commission convened by NASA to investigate the destruction of the Space Shuttle Columbia during STS-107 upon atmospheric re-entry on February 1, 2003. The panel determined that the accident was caused by foam insulation breaking off from the external fuel tank, forming debris which damaged the orbiter's wing, and that the problem of "debris shedding" was well known but considered "acceptable" by management. The panel also recommended changes that should be made to increase the safety of future shuttle flights. The CAIB released its final report on August 26, 2003.

On Saturday, February 1, 2003, Space Shuttle Columbia disintegrated as it reentered the atmosphere over Texas and Louisiana, killing all seven astronauts on board. It was the second Space Shuttle mission to end in disaster, after the loss of Challenger and crew in 1986.