TUCSON, Ariz., Nov. 7, 2014 /PRNewswire/ -- Raytheon
Company (NYSE: RTN) has been awarded a not to exceed $85.5 million Indefinite Delivery Indefinite
Quantity (IDIQ) contract for Griffin missiles and support. The
first increment of the contract was funded at $32.5 million and orders are expected for
missiles and engineering services over the life of the
contract.
Raytheon will deliver Griffin A and B Block II/III missiles as
well as test and support equipment under firm-fixed-price contract
line item number along with engineering support under a
cost-plus-fixed-fee contract line item number.
Work will be performed in Tucson,
Arizona, and is expected to be completed by Oct. 30, 2017. This award is the result of a
sole-source acquisition.
About Griffin
The Griffin missile is a multi-platform,
multi-service weapon that has a proven track record for successful
rapid integration on land, sea and air assets. The
combat-proven Griffin AGM-176A is an aft-eject missile
designed for employment from platforms such as the C-130 aircraft.
The Griffin BGM-176B is a forward-firing missile that launches from
rotary- and fixed-wing aircraft, ground-launch applications and
maritime platforms. The Griffin missile is 43 inches long, weighs
33 pounds, has a 13-pound warhead, and is in production today.
Griffin enables the warfighter to engage targets via a simple user
interface and guide the weapon to the target using GPS coordinates
exclusively or with laser designation. To maximize lethality, the
user can choose to engage the target with direct attack or high
impact angle and has the option of using height of burst, point
detonation or delayed fuzing.
About Raytheon
Raytheon Company, with 2013 sales of
$24
billion and 63,000 employees worldwide, is a
technology and innovation leader specializing in defense, security
and civil markets throughout the world. With a history of
innovation spanning 92 years, Raytheon provides
state-of-the-art electronics, mission systems integration and other
capabilities in the areas of sensing; effects; and command,
control, communications and intelligence systems, as well
as cyber security and a broad range of mission support
services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit
us at www.raytheon.com and follow us on Twitter
@Raytheon.
Media Contact
Ashley
Mehl
+1.520.794.5142
rmspr@raytheon.com
SOURCE Raytheon Company