Author: Nichols Martin|| Date Published: February 1, 2018
Raytheon‘s (NYSE: RTN) missile systems business has received a $105.2 million contract modification to produce, test and engineer all variants of the Griffin missile for the U.S. Air Force.
The Defense Departmentsaid Wednesday the modification exercises an option under a previously awarded indefinite-delivery/indefinite quantity contract and brings the contract’s total cumulative value to $210 million.
Griffin is a precision-guided munition designed to engage targets with minimal collateral damage and integrate with ground, maritime and aerial platforms.
Worn under the exercised option will occur through Dec. 31, 2020, at a company facility in Arizona.
The Air Force will obligate $11.2 million at the time of award from its fiscal 2016 and fiscal 2018 procurement funds.
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Raytheon‘s (NYSE: RTN) missile systems business has received a $105.2 million contract modification to produce, test and engineer all variants of the Griffin missile for the U.S. Air Force.
