
The Canadian Ministry of National Defence announced last Friday it awarded Raytheon [RTN] a $574 million contract to upgrade and support 21 Close-In Weapons Systems (CIWS) for the Royal Canadian Navy.The CIWS is a rapid-fire radar-guided gun system that protects naval vessels against close in threats like missiles, aircraft, and small ships. It is currently installed on Canada’s 12 Halifax-class frigates and is planned to be installed on the Protecteur-class joint support ships after they are built. The first Protecteur-class ship is expected…