Raytheon Wins $85.5 Million Contract For Griffin Missiles

Our Bureau
08:15 AM, November 10, 2014
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Raytheon has been awarded a $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 is expected to be completed by Oct. 30, 2017.

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Raytheon Co., Tucson, Ariz

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