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  • Friday, September 13, 2024

Former DynCorp CEO Bill Ballhaus Named to Board at GeoEye

Bill Ballhaus

GeoEye (Nasdaq: GEOY) has named Bill Ballhaus to its board of directors.

The move follows the completion of GeoEye’s financing arrangement with Cerberus Capital Management for financing to help the firm’s bid for the National Geospatial-Intelligence Agency’s (NGA) EnhancedView program. In August, NGA awarded the company a major contract under EnhancedView, worth up to $3.8 billion over the next 10 years.

Ballhaus, the former CEO of DynCorp, became a senior adviser and operating partner at Cerberus Operations and Advisory following the organization’s acquisition of his firm.

“I am looking forward to working more closely with GeoEye in this new capacity, ” Ballhaus said. “Now that commercial satellite imagery is a key component of our nation’s national imagery architecture, GeoEye is well positioned to deliver the best products and services to our government and to our commercial customers both here and overseas.”

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