The National Geospatial-Intelligence Agency, an arm of the U.S. government that oversees satellite imagery collection for military and intelligence work, has awarded two satellite imagery companies contracts worth more than $3 billion each.
The two 10-year contracts are part of a program called EnhancedView to produce a new generation of satellite imagery. GeoEye, based in Dulles, Va., was awarded $3.8 billion, and DigitalGlobe, based in Longmont, Colo., was awarded $3.55 billion.
Each contract is paid annually, subject to congressional approval, and can be canceled annually. The long-term funding paves the way for development of next-generation satellites with … Read more