Larsen & Toubro Limited has informed the Exchange regarding a press release dated January 08, 2026, titled "Partnership Between L&T and Indian Army for Sustenance & Upgradation of In-Service Pinaka Rocket Launcher Systems".
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
L&T has received a supply order from the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army to overhaul, upgrade, and manage obsolescence of the indigenous Pinaka Multi-Rocket Launcher Systems. This is described as a unique partnership between a private domestic OEM and the Indian Army for sustaining frontline artillery systems. In the initial phase, L&T will jointly undertake a pilot overhaul of the Pinaka Launcher and Battery Command Post with 510 Army Base Workshop (ABW) EME, after which 510 ABW will handle the remaining systems with L&T supplying critical spares, technical support, and quality oversight. The model is expected to serve as a blueprint for lifecycle management of other defence platforms and aligns with the Aatmanirbhar Bharat vision. No specific financial value or contract size has been disclosed.
Positive for L&T's defence business — strengthens its position as a key long-term partner to the Indian Army and DRDO, opens up a recurring revenue stream from spares and lifecycle support, and could create a template for similar defence sustainment orders going forward.