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.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call him on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Growing threat of unprecedented terrorist threats amid coronavirus pandemic is anticipated to propel the growth of x-band radar market over the forecast timeframe.
29 March 2021
VTOL (vertical take-off and landing) UAVs are finding huge demand from defense forces, owing to the runway-less take-off and landing feature associated with such aircraft. Moreover, the growing usage of VTOL UAVs in numerous applications, for instance, aerial remote sensing, product delivery, surveying & mapping, monitoring, and agriculture, is also bolstering the growth of the VTOL UAV market.
29 March 2021
Rising investments for the development of ultra-powerful radars and other communication systems by the major industry players is expected to raise the requirement to upgrade existing communication systems. This is expected to drive the growth of global vetronics market.
29 March 2021
The growth of unmanned underwater vehicles market can be credited largely to the growing number of deep-water offshore oil & gas production activities (owing to rising demand for oil & gas) across the globe.