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Saturday, November 08, 2014

US Air Force awards Raytheon contract for Griffin missiles

ВGM-176B Griffin BRaytheon Company 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.

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