L&T Technology Services wins $50-million contract | business news | Hindustan Times
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L&T Technology Services wins $50-million contract

The project with LTTS will result in transformation of the customer operations into a managed services model, the company said.

business Updated: Jan 18, 2018 12:19 IST
Press Trust of India, New Delhi
Larsen and Tourbo is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. (Image source: L&T website)
Larsen and Tourbo is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. (Image source: L&T website)

L&T Technology Services on Thursday said it has won a $50 million (approx Rs 319 crore) worth project spanning over five years from a global aerospace electronic systems manufacturer.

“L&T Technology Services emerged as the winner to be the strategic supplier for the client’s ER&D (Engineering, Research & Development) pursuits,” L&T Technology Services (LTTS) said in a statement.

“The project with LTTS will result in transformation of the customer operations into a managed services model. This model will encapsulate support to both existing products and also for work related to next generation in-flight system,” it added.