Raytheon Gets $85M AF Contract for Griffin A & B Missiles

Raytheon (NYSE: RTN) will supply Griffin A and Griffin B Block II and III missiles and provide engineering support services to the U.S. Air Force under an $85.5 million contract.

The Defense Department said Wednesday the indefinite-delivery/indefinite-quantity contract is a sole-source award and includes test and support equipment for the missiles.

Raytheon will perform work in Arizona through Jan. 31, 2017.

Griffin A is the aft-eject variant and Griffin B is the forward-firing variant of the multi-service and multi-platform Griffin missile, which has three variants.

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