L&T Technology Services Limited (LTTS) announced that it had won a project worth $50 million spanning over five years from a leading aerospace electronic systems manufacturer, in its press release to BSE. The deal significantly extends the engagement between the companies.
Amit Chadha, President, Sales & Business Development, and Whole-Time Director, L&T Technology Services commented on the deal, "The need for compelling user experience is of utmost importance like never before, and aerospace customers are looking for end-to-end engineering partners for their new age aviation initiatives. This partnership with LTTS will help bring in our proven expertise in
advanced data analytics and avionic simulations to drive product improvements across their product lines."
The project with LTTS will result in the transformation of the customer's operations into a managed services model. This model will encapsulate support to both existing products and also for work related to the next-generation in-flight system.
LTTS' strategy of focusing on its top 30 customers and large deals pursuits are paying rich dividends.