 "L&T bags $99.7 mn order from Vietnam Border Guard for high speed patrol vessels")
Larsen & Toubro (L&T) has signed the principle contract with Vietnam Border Guard valued at $99.7 million for design and construction of high speed patrol vessels in India as well as for transfer of design and technology along with supply of equipment and material kits for construction of follow-on vessels at a Vietnam shipyard.
The high-speed patrol vessels are purpose-built for controlling and protecting sea security and sovereignty, detecting illegal activities such as smuggling, and undertaking search and rescue missions. Constructed of Aluminium alloy, the vessels are about 35 metres long and can clock a speed of 35 knots with a state-of-the-art navigation and surveillance equipment and self-defence capabilities on board.
The complete design and engineering of these vessels will be undertaken at L&T's dedicated Warship Design Centre with the vessels being built at the company's Kattupalli Shipyard, off Chennai.
SN Subrahmanyan, President and Deputy Managing Director of L&T said,'' The contract is a testimony to company's world-class technological capabilities.'' He hoped the contract will pave the way for stronger bilateral ties between India and Vietnam.
