Indian Coast Guard awards L&T contract for helicopter systems

Oicharts Desk |

The Indian Coast Guard has awarded a contract to L&T Precision Engineering & Systems for six Rail-Less Helicopter Traversing Systems (RLHTS). This initiative supports the Aatmanirbhar Bharat initiative and aims to enhance safety in maritime operations. The RLHTS will be installed on Next-Generation Offshore Patrol Vessels (OPVs), marking a significant step in domestic defense manufacturing.

📊 STOCKS MENTIONED: $LT 🏢 SECTORS: Defense, Manufacturing