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Larsen & Toubro today said it has entered into a pact, valued at USD 99.7 million (around Rs 660 crore), with Vietnam Border Guard for design and construction of high speed patrol vessels. "Larsen & Toubro (L&T) has signed the principle contract with Vietnam Border Guard,for design and construction of high speed patrol vessels in India as well as transfer of design and technology along with supply of equipment and material kits for construction of follow-on-vessels at a Vietnam shipyard," the company said in a BSE filing.
The high-speed patrol vessels are purpose-built for controlling and protecting sea security and sovereignty, detecting illegal activities such as smuggling, and undertaking search and rescue missions. Constructed of aluminum alloy, the vessels are about 35 metres long and can clock a speed of 35 knots with a state-of -the-art navigation and surveillance equipment and self-defence capabilities on board.
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