April 14, 2025 05:24 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Congress only pleased fundamentalists, Waqf Act is the biggest proof: PM Modi | Salman Khan receives fresh death threat, complaint filed | Bengal LoP Suvendu Adhikari demands NIA probe into Murshidabad riots | 15 flights diverted, many delayed as dust storm hits Delhi, Haryana | AIADMK, BJP join hands again to contest Tamil Nadu elections under Edappadi K Palaniswami | PM Modi inaugurates Rs. 3,880-cr projects in Varanasi on 50th visit to his Lok Sabha constituency | Bengal job losers camp outside SSC office in Kolkata, demand mirror copies of genuine candidate list | Mumbai terror attack accused Tahawwur Rana sent to 18-day NIA custody | Donald Trump's latest tariff hike on Beijing brings additional rate on some Chinese goods to 145 pct: White House | Pakistan distances itself from 26/11 terror accused Tahawwur Rana, says he is 'Canadian national'

L&T wins private sector defence order for artillery guns

| | May 13, 2017, at 01:39 am
New Delhi, May 12(IBNS): Larsen & Toubro, India’s multinational engineering conglomerate, has entered into a contract with the Ministry of Defence (MoD) for supply of 100 units of 155mm/ 52 calibre Tracked Self-Propelled Gun systems to the Indian Army.

The contract valued at about ₹ 4500 crore, is the largest order placed by MoD on an Indian private company.

This win affirms L&T’s position as India’s leading private sector defence company with capabilities to design, develop and manufacture state-of-the-art platforms and systems for the Indian armed forces. L&T, supported by its South Korean technology partner Hanwha Tech Win (HTW), had bid for this ‘Buy Global’ acquisition program of MoD in 2011.

Among 4 bidders to the program RFP, L&T emerged as the sole qualified bidder, after a series of User Trials and Evaluations, based on the performance of the K9 VAJRA-T self-propelled Howitzer.

The K9 VAJRA-T gun is an enhanced version of HTW’s K9 Thunder – a world class selfpropelled Howitzer, customised and co-developed by L&T & HTW to suit the specific requirements of the Indian Army including desert operations. HTW’s K9 Thunder selfpropelled Howitzer is among the best in the world with over 1,000 units already in service in Korea and few other countries.

"This contract embodies the Government’s ‘Make in India’ initiative. It envisages delivery of the 100 guns in 42 months with associated engineering support package and maintenance transfer of technology to support these Howitzer regiments throughout their life cycle. These guns will have over 50% indigenous content and will be delivered from L&T’s manufacturing facilities, including a new Armoured Systems Complex at Hazira. This program sets new benchmarks in co-development and co-production of defence systems by any Indian defence company in collaboration with an international technology partner," read a statement issued by the company.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu