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Friday, May 12, 2017

L&T supported by its South Korean Technology partner Hanwha Tech Win (HTW) gets Rs 4,500 cr contract from Indian Army for 100 howitzers

Among the four bidders, L&T emerged as the sole qualified aspirant, after a series of user trials and evaluations, based on the performance of the K9 VAJRA-T self-propelled Howitzer.
Engineering conglomerate Larsen and ToubroBSE 0.19 % (L&T) has been awarded a contract to supply 100 self-propelled howitzers to the Indian Army for nearly Rs 4,500 crore. 

The first batch of the 155mm/52 calibre tracked self- propelled (SP) gun -- K9 VAJRA-T -- will be delivered later this year and the entire supply will be made within next 42 months. 

L&T, supported by its South Korean technology partner Hanwha Tech Win (HTW), had bid for the contract in 2011.  .. 
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