L&T, Spain’s Navantia Sign Pact To Build Submarines For Indian Navy
New Delhi: Engineering behemoth Larsen & Toubro (L&T) has signed a teaming agreement with Spanish building company Navantia for the P75 (India) submarine program to deliver six submarines.Valued at over 4.8 billion euros, the P75(India) submarine programme is the country’s largest defence acquisition. This agreement follows a Memorandum of Understanding (MoU) signed between L&T and Navantia