Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Artificial Intelligence has Great Strength in the Interpretation of Geodata
Potsdam, Frankfurt/Main, September 20, 2018. Everyone’s talking about artificial...
Map of the Month: Purchasing Power for Watches and Jewelry, Italy 2017
GfK's Map of the Month for September illustrates the...
Forward to the Moon: Airbus Wins ESA Studies for Future Human Base in Lunar Orbit
Bremen, 20 September 2018 – The European Space Agency...
Bluesky and Getmapping Win UK Gov Contract
Aerial mapping companies Bluesky and Getmapping are pleased to...
Mobile Mapping Market to Surpass $40bn by 2024: Global Market Insights, Inc.
The research report "Mobile Mapping Market Size, By Component...

NGA is implementing a $50 million cut to its fiscal 2012 budget appropriation.

The U.S. National Geospatial-Intelligence Agency (NGA), which is managing the 10-year EnhancedView program, has been unable to determine where the cuts will be made despite having more than a month to decide the issue since the U.S. government’s fiscal 2012 budget was signed into law, according to officials.

The $50 million reduction represents slightly more than 10 percent of the revenue that DigitalGlobe, Longmont, Colo., and GeoEye, Herndon, Va., had expected to receive from NGA in calendar year 2012 under EnhancedView.

The two companies are dividing EnhancedView’s scheduled $7.3 billion in revenue over 10 years, starting when the contract took effect in mid-2010. EnhancedView’s long-term perspective permitted both companies to invest in new satellites and ground infrastructure that NGA said would be needed under the program.

The total investment that GeoEye and DigitalGlobe are making in their GeoEye 2 and WorldView 3 satellites, respectively, is about $1 billion, including expansion and upgrade of the companies’ ground infrastructure. Additional funding for that hardware is being provided by NGA.

Read the full story in Space News. 

Comments are closed.