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Raytheon to Build Griffin Missiles for US Air Force

Raytheon logoRaytheon (NYSE: RTN) has been contracted to build Griffin missiles and provide related support services to the U.S. Air Force under a project worth nearly $85.5 million.

The company is set to complete the delivery of Griffin A and B Block II/III missiles and test equipment to the Air Force by Oct. 30, 2017,  Raytheon said Friday.

The Griffin multiplatform weapon works to engage targets through GPS coordinates and laser designation.

Users are able to choose direct attack or high-impact angle in order to hit the target,  Raytheon says.

The company will perform the work at its Tucson, Arizona-based facility.

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