GeoEye Rallies on $3.8B NGA Contract – High Resolution Imagery Featured in Article

Dulles-based GeoEye Imagery Collections Systems Inc. has won a contract from the National Geospatial-Intelligence Agency worth as much as $3.8 billion if all options over 10 years are exercised. GeoEye stock rallied 18 percent on the news. The contract is part of the NGA’s EnhancedView commercial imagery program. GeoEye, whose satellite imagery is already used by the Department of Defense and intelligence agencies, will provide both products and services to NGA…

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About webmastergeoeye

GeoEye is a leading source of geospatial information and insight for decision makers and analysts who need a clear understanding of our changing world to protect lives, manage risk and optimize resources. Each day, organizations in defense and intelligence, public safety, critical infrastructure, energy, and online media rely on GeoEye’s imagery, tools and expertise to support important missions around the globe. Widely recognized as a pioneer in high-resolution satellite imagery, GeoEye has evolved into a complete provider of geospatial intelligence solutions. GeoEye’s ability to collect, process and analyze massive amounts of geospatial data allows our customers to quickly see precise changes on the ground and anticipate where events may occur in the future. GeoEye is a public company listed on NASDAQ as GEOY and is headquartered in Herndon, Virginia, with more than 700 employees worldwide. View all posts by webmastergeoeye

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