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Larsen and Toubro (L&T), the engineering conglomerate, has received a contract for supply of 100 self-propelled howitzers to the Indian Army for nearly Rs 4,500 crore.
The first batch of the 155mm/52 calibre tracked self-propelled (SP) gun K9 VAJRA-T is going to be delivered later this year and the entire supply will be completed within next 42 months.
In 2011, L&T supported by its South Korean technology partner Hanwha Tech Win (HTW), had bid for the contract.
As per Jayant Patil, the Head of Defence and Aerospace at L&T, the contract valued at about at Rs 4,500 crore is the largest order placed by the Defence Ministry (MoD) with an Indian private company.
