GeoEye wins more satellite work

GeoEye will provide ultra-high-resolution commercial satellite imagery to NGA under a new contract valued at $150 million.

GeoEye Inc. will provide ultra-high-resolution commercial satellite imagery to the National Geospatial-Intelligence Agency under a new one-year contract valued at $150 million, the company has announced.

The Dulles, Va.-based company said it signed a service level agreement modification to the company’s existing NextView contract with the federal agency, according to news release issued Dec. 10. The value of the agreement is $12.5 million per month for 12 months.

The new agreement will go into effect once the GeoEye 1 satellite, launched in September, begins commercial operation offering space-based imagery of the Earth with resolution of objects as small as 16 inches. The satellite is currently undergoing final calibration and alignments, the company said.

The contract provides an optimal opportunity for image collection, said Erol Morey, GeoEye's NextView program director. “It also focuses and measures our performance, reduces administrative overhead and enables us to provide the most cost-effective solutions to the NGA.”