Hindustan Shipyard Ltd. (HSL) has awarded Larsen & Toubro (L&T) a sizable contract for the partial construction of two Fleet Support Ships (FSS) for the Indian Navy. The business considers orders worth between ₹1,000 crore and ₹2,500 crore to be’significant’.
The project will be managed by L&T’s Precision Engineering Systems business vertical, enhancing its standing in the defense industry.
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