This slide presentation reviews the progress made on the Ares I and Ares V launch vehicles. Slides reviewing NASA's Mission, timetable and the Launch Vehicle comparisons between the shuttle and the Saturn V vehicles and the Ares I and V launch vehicles are shown. The elements of the Ares I is reviewed in detail with a slide showing Ares I Lunar mission profile. The Ares I-X test flight is reviewed. The Ares V elements are reviewed in a slide and the Ares V lunar profile is also shown. The progress made in this project is reviewed. Charts diagramming the production facilities at the Michoud Assembly Facility, and the manufacturing flow are displayed