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Satnews Daily
August 31st, 2010

Lockheed Martin... SRR Success, Next Up — PDR (EO Satellite)


[SatNews] The Lockheed Martin [NYSE: LMT] team developing GeoEye's nexgen, high-resolution commercial Earth-imaging satellite system known as GeoEye-2, has successfully completed on-schedule a System Requirements Review (SRR), an important program milestone that precedes the Preliminary Design Review.

With launch scheduled to support start of operations in 2013, Lockheed Martin is developing GeoEye-2 under a fixed price contract to support the National Geospatial-Intelligence Agency’s (NGA) EnhancedView commercial imagery program. GeoEye was awarded an EnhancedView contract worth up to $3.8 billion on Aug. 6, 2010. EnhancedView is designed to provide critical geospatial situational awareness and global security information to intelligence analysts, war fighters and decision makers. GeoEye's commercial users will also benefit from access to imagery from GeoEye-2. The successful SRR verified the maturity of Lockheed Martin's system design for meeting the key user requirements and the team's readiness to proceed with the Preliminary Design Review phase scheduled for completion later this year.