By Eric Lipton After the spectacular failure of the last spy satellite effort, the administration of President George W. Bush is trying once again to put a new set of government eyes in space through a $1.7 billion project approved last week whose goal is to have two new satellites in orbit by 2012.

By ANNE FLAHERTY and PAMELA HESS, THE ASSOCIATED P

WASHINGTON -- The U.S. is pursuing a multibillion-dollar program to develop the next generation of spy satellites, the first major effort of its kind since the Pentagon canceled the ambitious and costly Future Imagery Architecture system two years ago, the Associated Press has learned.

By Anne Flaherty and Pamela Hess Associated Press WASHINGTON -- The U.S.

By Anne Flaherty; Pamela Hess WASHINGTON -- The U.S.