Satellite contractor GeoEye Inc. has announced it will keep its corporate headquarters in Virginia but move from Loudoun County to Fairfax County as part of an expansion expected to create 100 jobs.
The company provides satellite imagery and other services to government clients, including the National Geospatial-Intelligence Agency, which is also relocating to Fairfax County.
The $10 million relocation from Sterling to Herndon is expected to create 100 jobs over the next three years. About 230 existing employees will move to Fairfax County as well. The company has more than 500 employees worldwide.
Colorado and Maryland had been trying to lure the company away. Virginia and Fairfax County are each providing $84,000 grants in addition to some state tax credits.
