Larsen and Toubro said its precision engineering systems business vertical bagged a 'significant' order from Hindustan Shipyard for the Indian Navy.

L&T classifies orders in the Rs1,000 crore to Rs 2,500 crore range as 'significant'.

In, the Indian Navy had signed a contract with Hindustan Shipyard to design and construct five fleet support ships (FSS) for it. FSS are specialised naval vessels that provide material support and logistics to the naval task force at sea. It is over 220-metre-long and has around 45,000 tonne displacement, which will make the FSS among the largest vessels in the Indian Naval fleet.

L&T will construct the two fleet support ships at its greenfield shipyard at Kattupalli near Chennai on the east coast of India. The company said the shipyard is the most modern one in the country, designed in-house and built to globally benchmarked technological practices.