L&T signs pact with ideaForge for drone solutions

Larsen & Toubro (L&T) has entered into a pact with ideaForge, a domestic unmanned aerial vehicles manufacturer, to offer drones and allied systems for defence use.

In a filing, the infrastructure major said, “L&T and ideaForge have entered (into) an MoU (memorandum of understanding) to offer drones and allied systems for defence use.”

Both companies will combine their strengths to offer hi-tech integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones.

“The MoU involves collaboration on technology, products, deployment and go-to-market strategies,” it added. It will unlock the full potential of unmanned systems in security, surveillance and protection solutions. With the ever-increasing adoption of drone technology, the partnership will redefine the landscape of unmanned systems.

JD Patil, whole-time director and senior executive vice-president (defence and smart technologies), L&T, said, “We are confident that this alliance will create a successful ‘Make in India’ collaboration between a diversified engineering conglomerate and a young, technology-driven company for across-the-range offerings.”

Image Credit : Wikipedia.com

Research Desk

Next Post

L&T wins Rs 2,500 crore-Rs 5,000 crore contracts for power transmission, distribution projects

Wed Feb 12 , 2020
Larsen & Tubro (L&T) has bagged power transmission and distribution orders worth Rs 2,500 crore to Rs 5,000 crore in India and abroad. In a statement, the engineering major said it won an order to construct a 500kV substation, in association with a prominent local player, in the Philippines that […]
L&T construction wins Rs 13.94 billion order for irrigation project in Madhya Pradesh


Blog Stats