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04:59 AM, June 30, 2018
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Raytheon Wins $315 Million Griffin Missile Contract
Griffin Missile System (Image: Raytheon)

Raytheon was awarded a $315 million contract for the production of the Griffin missile as well as related support for product improvements and operations and sustainment.

Work will be performed at contractor facilities in Tucson. Fiscal 2018 research, development, testing, and evaluation funds will be obligated to satisfy the contract minimum amount. Additional funding will be obligated on a delivery/task order basis, US department of defense said in a statement Friday.

A request for information (RFI) was posted to the Federal Business Opportunities (FBO) website from Feb. 26, 2018, to March 8, 2018, with only Raytheon providing a response. The Griffin missile system is an air- and ground-launched, precise, low-collateral-damage weapon for irregular warfare operations.

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