GeoEye (GEOY) Announces New Government Awards Totaling More Than $25 Million
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GeoEye, Inc. (Nasdaq: GEOY) announced new government awards totaling more than $25 million to supply geospatial products and services. Under awards during the first and second quarters of 2009, GeoEye will provide the National Geospatial-Intelligence Agency (NGA) a significant amount of value-added, imagery-based geospatial-intelligence products. Imagery processing and production will be performed at GeoEye's advanced imagery processing centers located in St. Louis, MO, Thornton, CO, and Dulles, VA. These awards are in addition to the Service Level Agreement (SLA) modification to the company's existing NextView contract with the NGA announced Dec. 10, 2008.
GeoEye, Inc., together with its subsidiaries, provides imagery and imagery information products and solutions to the U.S. government, including the national security community, and international customers and North American commercial customers. [SM]
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