L&T wing secures $75 million deal for EI services from international entity

L&T Technology Services (LTTS) secured an ‘Engineering Intelligence’ contract valued at over $75 million from an unnamed international global technology enterprise.

Following the agreement, LTTS share price rose 0.79%, trading at Rs 3,528.05, as of 11:06 IST, August 19 on BSE.

The agreement spans 5 years wherein the firm would provide its Engineering Intelligence (EI) services across end-to-end product development and engineering lifecycle which is aimed at aiding in the development of next generation solutions for the customer’s global portfolio.


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The contract includes product engineering, software development, testing, validation, sustenance engineering, platform operations and related digital engineering services.

The technology firm will also enable the creation of a dedicated Engineering Center for technology and digital functions, leveraging its full stack of EI solutions.