Two international satellite missions have a major role in the development of global precipitation data under the auspices of the Global Earth Observation System of Systems (GEOSS) to meet the needs of several Societal Benefit Areas set forth by the Group on Earth Observations (GEO). One is the joint U.S.-Japan Tropical Rainfall Measuring Mission (TRMM), launched in 1997, which provides combined radar/radiometer measurements to serve as a benchmark for tropical precipitation measurements by passive microwave radiometers and has played a key role in the development of the current generation of multi-satellite global rainfall products. The other is the Global Precipitation Measurement (GPM) Mission, an international satellite mission to be launched in 2013 to deliver the next-generation global precipitation observations from a constellation of dedicated and operational microwave sensors. GPM is a science mission with integrated applications goals aimed at (1) advancing the knowledge of the global water/energy cycle variability and freshwater availability and (2) improving weather, climate, and hydrological prediction capabilities through more accurate and frequent measurements of global precipitation. The GPM Mission is currently a partnership between NASA and the Japan Aerospace Exploration Agency (JAXA), with additional partners in satellite constellation and ground validation under discussion. With NASA and JAXA science team activities providing the framework and infrastructures for international collaboration on satellite inter-calibration, retrieval algorithm development, and ground validation, GPM has been identified as the cornerstone for the development of the Precipitation Constellation for the Committee on Earth Observation Satellites (CEOS). An overview of current accomplishments by TRMM and anticipated contributions by GPM to GEOSS activities will be presented.