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What: Shares of satellite-imagery specialist DigitalGlobe
So what: According to reports from Bloomberg, members of the U.S. Senate Intelligence Committee sent a letter to the White House urging the administration to protect the public-private defense program that works with DigitalGlobe and GeoEye
Now what: Times can get a little stressful when the government is one of your major customers and it's trying to tighten its budget. When GeoEye announced earnings back in early November, both its shares and the shares of DigitalGlobe tanked on concerns over slowing business from governments -- both in the U.S. and around the world.
The issues surrounding the EnhancedView program will be something for investors to watch closely. While DigitalGlobe and GeoEye both have significant customers in the private sector, a hefty cut in what the government is spending with them would be particularly painful for the companies and the stocks.
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Fool contributor Matt Koppenheffer has no financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter, @KoppTheFool, or on Facebook. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.