Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a major order from the Defence Ministry for the supply of K9 Vajra-T Artillery Platforms to the Indian Army.
According to the company's project classification, the 'major' order values between Rs 5,000 crore-10,000 crore.
The K9 Vajra-T is a 155 mm, 52-caliber tracked self-propelled artillery platform, adapted from the world's leading South Korean self-propelled howitzer K9 Thunder. Co-developed by L&T and Hanwha Aerospace, it has been customised to suit the requirements of the Indian Army for operations in varied terrains, including deserts, plains and high-altitude regions.
In 2017, the company won the order for the first batch of 100 K9 Vajra-T platforms through a global competitive bidding and after successful field evaluation.
The company delivered the Vajra Platforms ahead of schedule.
"Like the first batch, the second batch of the K9 Vajra-T too will be manufactured at our Armoured Systems Complex at Hazira in Gujarat. The state-of-the-art manufacturing facility...has been playing a key role in developing and building armoured and artillery platforms in an integrated industrial ecosystem comprising several MSME partners," Arun Ramchandani, Senior VP & Head '? L&T Precision Engineering & Systems said in a statement.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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