General Dynamics-Raytheon JV Awarded $122M to Continue USAF Launch Range Support

Range Generation Next, a joint venture of General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN), has secured a $122.3M contract modification to continue helping the U.S. Air Force maintain, operate and sustain launch facilities in California and Florida.

RGNext will perform support work at Patrick AF Base and at Vanderberg AF Base beginning Oct. 1, the Department of Defense said Wednesday.

The modification represents the fifth option under the $1.5B Launch and Test Range System support contract  awarded in 2015.

The AF Space and Missile Systems Center is the contracting activity.

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