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LTM enters into multi-million-dollar agreement with North American company

15 Oct 2026 Evaluate

LTM has entered into a multi-million-dollar agreement with a leading North American specialty engineering and construction company. The engagement consolidates infrastructure, cybersecurity and application administration managed services from multiple providers to the company, with an initial three-year term. As part of the agreement, the company will build an AI-led managed services operating model designed to deliver outcome-driven services, incorporating observability and automation to ensure resilient technology services.

The engagement marks a significant step in the client's technology modernization journey, consolidating critical IT operations under a unified governance framework designed to enhance operational efficiency, improve service quality, and reduce management complexity. Leveraging its deep domain expertise and AI-centric managed services capabilities, the company will consolidate infrastructure, cybersecurity, and application services into a streamlined, outcome-driven operating model that accelerates modernization while strengthening operational resilience.

LTM (formerly LTIMindtree) - a Larsen & Toubro Group Company - is an AI-centric global technology services company and the Business Creativity partner to the world’s largest enterprises. Its capabilities span integrated operations, transformation, and business AI - enabling new ways of working, new productivity paradigms, and new roads to value.

Peers
Company Name CMP
TCS 2450.50
Infosys 1153.55
HCL Technologies 1370.00
Wipro 184.25
Tech Mahindra 1776.40
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