Maxar Extends its EnhancedView Follow-On Contract with U.S. National Reconnaissance Office
Maxar Technologies (NYSE:MAXR) has announced the exercise of the second one-year option by the U.S. National Reconnaissance Office (NRO) under the EnhancedView Follow-On (EVFO) Service Level Agreement. This continuation ensures Maxar will provide critical satellite imagery services through August 2022, maintaining a contract value of $300 million annually. CEO Dan Jablonsky emphasized the importance of their partnership with the U.S. Government in supporting national security missions.
- Continuation of contract with NRO worth $300 million annually.
- Enhanced service continuity through August 2022.
- None.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the U.S. National Reconnaissance Office (NRO) has exercised the second of three, one-year options on the company’s existing EnhancedView Follow-On (EVFO) Service Level Agreement.
In 2018, NRO added three option years to Maxar’s EVFO agreement under the same terms and value of
“We are honored to continue our trusted partnership with the U.S. Government,” said Dan Jablonsky, Maxar CEO. “Maxar’s high-resolution satellite imagery serves a vital role for the U.S. defense and intelligence communities, and we stand ready to support an expanding set of next-generation national security mission requirements.”
About Maxar
Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Maxar’s 4,400 team members in over 20 global locations are inspired to harness the potential of space to help our customers create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
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FAQ
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