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Raytheon Canada awarded $704 million contract

A $704 million contract has been awarded to Raytheon Canada Limited to upgrade and support 21 Close-In Weapons Systems for the Royal Canadian Navy, announced Defence Minister Harjit Sajjan on Friday.

“Today’s announcement is aligned with the goals we set out in Strong, Secure, Engaged – we are making strategic investments in the Royal Canadian Navy that will help protect our sailors as they conduct the full spectrum of operations in a modern security environment,” said Sajjan.

Close-In Weapons Systems, or rapid-fire, radar-guided gun systems, is currently in service with 24 nations. It is considered the most effective naval self-defence system available against close-in threats such as missiles, small ships, and aircraft.

These systems are currently part of the Navy’s Halifax-class frigates and will now also be installed on the Protecteur-class joint support ships following their construction.

The contract with Raytheon Canada Limited is valid until 2037.

The contract is also expected to create more than 450 well paid, skilled jobs across the country.

“As a result of the government’s ITB policy, Raytheon Canada Limited will make important investments in Canada to support well-paying, middle class jobs, foster economic growth and help spur innovation across the country in small and medium enterprises. That’s how we ensure innovation works for all Canadians,” said Innovation, Science and Economic Development Minister Navdeep Bains.





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