Raytheon signs deal for $315M for Griffin Missile Production
12 July 2018
Raytheon Company’s RTN Missile Systems (MS) business unit has won a $315 million contract for the production of the Griffin Missiles. The contract was awarded by the U.S. Special Operations Command Contracting Office, Tampa, FL.
According to reports just released, the terms of the deal indicate Raytheon will also provide related assistance for product improvement, operations and sustainment for the Griffin Missiles. Work related to the deal will be performed at the contractor facilities in Tucson, AZ.
Raytheon say that the benefits of their system is that it is a combat-proven missile, which has been serving the U.S. Air Force and U.S. Navy force since its inception in 2008. It is a multi-platform and a multi-service weapon that has a proven track record of successful rapid integration on land, sea and air platforms.
The missile system can engage both static and fast-moving targets, and offers reliable operational effectiveness to fighters against a variety of threats in counter-insurgency and irregular warfare operations. It also provides lethal effects, and employs GPS-aided inertial guidance and a semi-active laser seeker for pinpoint accuracy.
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