Larsen & Toubro (NSE:LT, BOM:500510) has secured a supply order from the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army, according to a Thursday filing to the Indian stock exchanges.
The contract is for the overhaul, upgrade, and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems, the filing said.
Under this initiative, 510 Army Base Workshop EME will overhaul and upgrade critical electronics and systems, while L&T shall supply critical spares and support the modernization of sub-systems.
In the initial phase, L&T will collaborate with 510 ABW for a pilot overhaul of the Pinaka Launcher and Battery Command Post. Subsequently, the remaining systems shall be overhauled by 510 ABW of the Corps of EME, while L&T will continue to provide critical spares, technical support, and quality oversight.
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