Maxar Technologies Gets Renewed Satellite-imagery Contact Worth $44 Mln From US Govt

Maxar Technologies Inc. (MAXR) on Tuesday said it has been awarded contract renewal to provide geospatial data and imagery to the U.S. government.

Valued at $44 million, the option year 3 contract began on September 1. The total contract value for 3 years is up to $176 million.

This is the option year 3 contract renewal awarded to the company by the U.S. National Geospatial-Intelligence Agency (NGA) for the Global Enhanced GEOINT Delivery (G-EGD) program.

With this award, Maxar will continue to provide access to high-resolution commercial imagery and geospatial data and products to U.S. government users.

"G-EGD has been instrumental in enabling NGA to provide unclassified access to satellite imagery for a wide range of U.S. government users and partners throughout the war in Ukraine," said Dan Jablonsky, Maxar President and Chief Executive Officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Health insurer Humana Inc. reported Wednesday a net loss for the fourth quarter that slightly widened from last year, hurt primarily by charges associated with productivity initiatives, despite 6.6 percent revenue growth. Adjusted earnings for the quarter topped analysts' expectations, while quarterly revenues missed it by a whisker. South Plainfield, New Jersey-based Two Rivers Coffee is recalling its peanut butter single serve hot chocolate pods citing an undeclared peanut allergen, the U.S. Food Drug Administration said. The recall involves peanut butter single serve hot chocolate pods distributed as "Brooklyn Bean Peanut Butter Cup Hot Cocoa", "Pingo Peanut Butter Cookie Hot Chocolate" and ... Shares of Novartis AG were losing around 2 percent in the early morning trading in Switzerland after the drug major reported Wednesday sharply lower profit in its fourth quarter with weak sales as well as the absence of prior year's hefty Roche income. Adjusted earnings, however, topped market estimates, while top line missed their view. Further, the company announced higher dividend...
Follow RTT