The floating dock contract for FDN comes to L&T on the back of a recent order for design and construction of seven offshore patrol vessels for the ICG at Rs 1432 crore.
Shares of Larsen & Toubro (L&T) gained more than 1 percent in early trade Monday after the engineering and construction major signed a memorandum of understanding with French firm.
Larsen and Toubro is aiming to build an order book Rs 2000 crore over next two years, welcomes talks of hiking FDI limit in defense to 49 percent.
Larsen & Toubro delivered the first four Dry Shielded Canisters for Transnuclear Inc, USA, an AREVA Company. These Canisters form a part of orders of 50 such units for three leading American nuclear power plant operators to be manufactured in accordance with the US Code of Federal Regulations and Nuclear Safety Class 1 standards.