Earlier this week, GeoEye shares fell 22 percent because the National Geospatial-Intelligence Agency (NGA) said it wasn't guaranteeing $119 million in earth-imaging contracts extending through August 2013.
The Air Force's Space Based Infrared System geosynchronous satellite is on schedule to achieve operational certification later in 2012.
The Air Force is looking for scientists and engineers who can develop technology to help different unmanned aerial vehicles collaboratively track targets.
The GeoEye-2 satellite being developed for the Enhanced View Program has reached a critical milestone.
The White House will reexamine its current policy toward how the Defense Department and intelligence community use commercial imagery, which if it downplays the importance of using such imagery in a revised policy would likely further dampen the commercial imagery market.
NATO officials have signed a $1.7 billion contract with Northrop Grumman for five Global Hawk unmanned aerial vehicles that the alliance plans to use for intelligence, surveillance and reconnaissance missions.
Satellite imaging services provider DigitalGlobe has rejected a $792 million takeover offer from rival GeoEye maintaining that the hostile bid substantially undervalued the company.
The House Armed Services Committee has designated $260 million in its mark-up of the National Defense Authorization Act for 2013 for the Air Force to continue operating its Block 30 Global Hawk unmanned aerial vehicles.