Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3825.00
-30.90 (-0.80%)
< Home < Back

Larsen & Toubro inks pact with Nexter Systems

Date: 30-03-2012

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.