Money Maker Research & Investment Advisor: L&T Technology Services Wins $50 Million Avionics Contract

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Thursday, 18 January 2018

L&T Technology Services Wins $50 Million Avionics Contract

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L&T Technology Services Limited, an established global pure-play Engg R&D services company, on Thursday announced that the company has won a pointer project worth USD 50 million spanning over 5-years from the global aerospace electronic systems manufacturer.

The project with L&T Technology Services will result in transformation of the customer's operations into a managed services model. The new deal also complements the impetus achieved by the company in the areas of electric vehicles, autonomous cars, infotainment and embedded devices to name a select few.

Shares of L&T Technology Services Ltd today opened at 1026.25 and was trading marginally down at 992 by 0.54% on NSE, post lunch hours, Thursday.

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