June 20, 2016 – DigitalGlobe, Inc. announced today that it has been awarded a direct contract with the U.S. Defense Intelligence Agency (DIA) through its government services business, DigitalGlobe Intelligence Solutions, to deliver advanced analytic services. This contract vehicle builds on a relationship DigitalGlobe has with the DIA that originated through a series of subcontracting relationships.
This sole-source, cost-plus-fixed-fee contract was awarded to DigitalGlobe's GeoEye Analytics Inc., a wholly owned legal entity of DigitalGlobe, with a ceiling value of $55 million and an estimated completion date of June 2021. This contract will provide DigitalGlobe with a means of providing ongoing mission support to the DIA with innovative all-source analytic solutions. Given that this contract is a continuation of an existing customer relationship, the estimated revenue and contributing EBITDA associated with this customer is already incorporated in the current DigitalGlobe 2016 guidance.
DigitalGlobe, headquartered in Westminster, Colorado, is a leading provider of commercial high-resolution earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time.