Motorola reporting that both the Droid RAZR and Droid RAZR MAXX are receiving over-the-air updates to Android 4.1.2. It doesn't appear to be rolling out across the board just yet; some users had their downloads halt midway through the update, while others aren't seeing it appear just yet. There's no mention of the update on Verizons site at the moment, but we'll keep you posted with any further details.
http://www.motorola.com/us/consumers/ANDROID/m-Android-Overview,en_US,pd.html?selectedTab=tab-2&cgid=overview#tab
https://plus.google.com/u/0/113884566566424587799/posts/AZ6u9Rsfg25