Business News
2 min read | Updated on December 23, 2024, 13:08 IST
SUMMARY
In 2017, the company won the order for the first batch of 100 K9 Vajra-T platforms through global competitive bidding and after a successful field evaluation.
Stock list
As per the company's project categorisation, the 'major' orders are valued between ₹5,000 crore and ₹10,000 crore
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 ₹5,000 crore and ₹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 global competitive bidding and after a 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 at L&T Precision Engineering & Systems said in a statement.
About The Author
Next Story