Planet Labs selected as prime contractor under $151B defense contract

Planet Labs (PL) announced it was selected as a prime contractor by the Missile Defense Agency under the Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, indefinite-delivery/indefinite-quantity contract vehicle. The SHIELD contract, which has a ceiling of $151B, encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. As a SHIELD prime, Planet intends to build upon the operational successes of its work with the DIU, the NGA, the NRO, the U.S. Navy, and NATO, empowering the U.S. government to utilize its proven global monitoring services and maritime domain awareness solutions and data for persistent, AI-enabled detections and warnings.