L&T defence arm wins contract for Pinaka Weapon Systems from MoD

• The contract involves supply of Pinaka Launchers, Battery Command Posts and associated Engineering Support Package (ESP) for four regiments

• L&T said that the contract falls in the significant category, which means that it is worth between Rs 1,000 crore and Rs 2,500 crore

Mumbai: The defence arm of Larsen & Toubro (L&T) has been awarded a contract by the Indian Ministry of Defence (MoD) for the supply of four regiments of Pinaka Weapon Systems, L&T said on Friday. The contract involves supply of Pinaka Launchers, Battery Command Posts and associated Engineering Support Package (ESP) for four regiments. The Pinaka Launch system has been indigenously developed by L&T as part of Pinaka development program of Defence Research & Development Organisation (DRDO, ARDE) and functions as a high tech, all-weather, long-range, area fire artillery weapon system.

L&T said that the contract falls in the significant category, which means that it is worth between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.

Also read: L&T completes divestment of its Electrical & Automation biz to Schneider Electric

'Winning Indian Wars with Indian Solutions'

Commenting on this development, JD Patil, Member of the Board and Senior Executive Vice President (Defence a Smart Technologies), L&T, said, "As a proponent of Aatmanirbhar Bharat philosophy from inception and a practicing Make-in-India company, we have been associated with the Pinaka programme since its development in the '90s, and induction in Armed Forces and serial production since one-and-a-half decade. We continue to live up to our ethos to build Strong India and showcased our commitment to the nation by producing high-class weapon systems within scheduled time frames and will keep that up for these orders as well. We are glad that the MoD and the Armed Forces have trusted us to produce front line weapon systems, in keeping with their tag line 'Wining Indian Wars with Indian Solutions' and the Aatmanirbhar Bharat initiative."

L&T has supplied 2 regiments of Pinaka systems to MoD in the past

L&T has already executed similar orders from the Ministry of Defence and supplied two Regiments of Pinaka systems earlier. With these orders, L&T takes pride in attaining cumulative six out of 10 regiments of Pinaka systems with the Indian Army. L&T Defence is also engaged with DRDO for future developments on this artillery system. 

L&T is an Indian multinational engaged in engineering, procurement and construction projects, manufacturing, defence and services with over $21 billion in revenue. It operates in over 30 countries worldwide.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)