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Larsen & Toubro inks pact with Nexter Systems

30 Mar 2012 Evaluate

Larsen & Toubro (L&T) has signed a consortium agreement with Nexter Systems of France (NS) to collaborate for key artillery gun programmers of the Indian Army. These includes the 155mm/52 cal towed gun system (TGS) and mounted gun system (MGS) programme, with Nexter Systems as lead partner and a 130mm/39 Cal M46 up gunning programme, with L&T as lead partner.

The partnership between L&T and Nexter is based on delivering the best solution and value to the Indian army. As per the agreement, it will transfer the production and sub-assemblies of TRAJAN (TGS) and CAESAR (MGS) and the final integration of both the systems to L&T India. The engineering customization of the systems to fulfill the specific Indian requirement will be accomplished together by L&T and Nexter Systems. 

Nexter Systems applies its expertise in land defense system to meet the needs of the French Army and other forces internationally.

Peers
Company Name CMP
Larsen & Toubro 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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