Agreement between Larsen & Toubro (L&T) of India and Hanwa Techwin of South Korea

L&T signs deal with S Korea's HTW to supply howitzer to army

Question: K9 VAJRA-T, a world class self-propelled howitzer was customised and fielded by L&T with its technology partner…
(a) HMW
(b) HTW
(c) HCW
(d) KMT
And (b)
Related facts:

  • On April 21, 2017 Larsen & Toubro, India’s multinational engineering conglomerate and private sector defence major, and Hanwha Techwin (HTW) of South Korea signed a contract.
  • The contract was signed for execution of the 155mm/ 52 Cal Tracked Self Propelled (SP) Gun program for the Indian Army.
  • L&T was declared as the sole qualified bidder, post User Evaluation Trials, based on the performance of the K9 VAJRA-T, a world class self-propelled howitzer appropriately customised and fielded by L&T with HTW as the technology partner.
  • Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with USD 16 billion in revenue.
  • It operates in over 30 countries worldwide.
  • Hanwha Group, Hanwha Techwin’s parent company, is the largest private sector defence conglomerate in South Korea.

Reference:
http://defenceaviationpost.com/lt-hanwha-techwin-sign-contract-executing-tracked-sp-gun-programme/
http://hindustan360.in/india-south-korea-moving-forward-for-big-defence-ties-hindustan360/
http://www.dnaindia.com/india/report-lt-signs-deal-with-s-korea-s-htw-to-supply-howitzer-to-army-2410486