GeoEye, a premier provider of satellite, aerial and geospatial information, announced it has finalized a Service Level Agreement (SLA) modification to the company’s existing NextView contract with the National Geospatial-Intelligence Agency (NGA). The value of the SLA is $12.5 million per month for a period of one year.
GeoEye will provide satellite imagery products to the NGA under this agreement beginning with the commencement of commercial operations of its GeoEye-1 satellite. GeoEye-1 is undergoing final calibration and alignments. GeoEye expects to start selling GeoEye-1 products soon. The SLA also includes imagery from the Company’s IKONOS satellite.
This contract, together with GeoEye’s recent modifications to its business model for international commercial affiliates, will enable the Company to be much more operationally responsive in meeting the imagery requirements of the NGA through its NextView program. The program is designed to ensure that the NGA has access to commercial imagery in support of its mission to provide timely, relevant and accurate geospatial intelligence in support of national security.
For more information, please visit www.geoeye.com
