Larsen & Toubro (L&T) and ideaForge have entered Memorandum of Understanding (MoU) to offer drones and allied systems for defence use. Both the companies will combine their strengths to offer hi-tech, integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones.
The MoU involves collaboration on technology, products, deployment and go-to-market strategies. It will unlock the full potential of unmanned systems in security, surveillance and protection solutions. With the ever-increasing adoption of drone technology, the L&T and ideaForge partnership will redefine the landscape of unmanned systems.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.
Company Name | CMP |
---|---|
Larsen & Toubro | 3650.65 |
Rail Vikas Nigam | 287.05 |
KEC International | 732.95 |
Kalpataru Projects | 1180.00 |
NCC | 246.75 |
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