L&T Technology Services wins $50 mn contract

NEW DELHI: L&T Technology Services today 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's 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.