L&T Technology Services wins $50 mn avionics contract

L&T Technology Services Limited,an established global pure-play engineering R&D services company, announced that it has won a project worth $50 million spanning over five years from a leading aerospace electronic systems manufacturer.

The transformational deal significantly extends the engagement between the companies.The award follows a rigorous validation process for the coveted engagement. L&T Technology Services emerged as the winner to be the strategic
supplier for the client’s ER&D pursuits.

Amit Chadha, President, Sales & Business Development and Whole-Time Director, L&T Technology Services commented on the deal, “This partnership with LTTS will help bring in our proven expertise in advanced data analytics and avionic simulations to drive product improvementsacross their product lines.”

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.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com