Posted: Sun, May 29, 2022, 7:55 AM ET (1155 GMT)
The National Reconnaissance Office awarded contracts Wednesday worth billions of dollars to BlackSky, Maxar and Planet for commercial imagery. The NRO said the 10-year Electro-Optical Commercial Layer (EOCL) contracts are the biggest purchase of commercial imagery, replacing the EnhancedView contract the NRO had with Maxar. BlackSky said the starting value of its EOCL agreement is $85.5 million and the total contract options are worth $1 billion over the 10 years. Maxar said its EOCL contract is worth up to $3.24 billion over the decade, with a firm five-year base commitment worth $1.5 billion and options estimated at $1.74 billion. Planet did not immediately disclose the value of its contract.

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