Milestone Partnership: L&T and Navantia unite to propel India’s P75 Submarine Program to unprecedented heights

financialexpress.com:

In a historic collaboration that sets a new standard in submarine technology, Larsen & Toubro (L&T) and Navantia have forged a Teaming Agreement ahead of the deadline for the Project 75 (I) Request for Proposal (RfP). This game-changing alliance combines L&T’s expertise in defense acquisition with Navantia’s cutting-edge submarine design capabilities, promising the delivery of state-of-the-art submarines equipped with Air-Independent Propulsion (AIP) technology.

Leveraging Navantia’s advanced technology and L&T’s indigenous production capabilities, the P75 (India) submarine program is primed to redefine submarine capabilities. This landmark partnership not only strengthens defense ties between India and Spain but also opens doors to future collaborations in military projects and green energy initiatives. With the Project 75 (I) operating under the Strategic Partnership (SP) Model, the Indian bidder’s collaboration with a Foreign Collaborator (FC) is crucial for the successful execution of the program. This groundbreaking venture, valued at nearly Euro 4.8 billion, represents India’s most significant defense acquisition project to date. According to an official statement from L&T, this collaboration will be followed by a 30-year lifecycle sustenance contract of similar value. The memorandum of understanding signed between L&T and Navantia on April 11, 2023, in Madrid has now culminated in this historic Teaming Agreement. Under the agreement, Navantia, the Spanish company, will lead the design of P75(I) submarines based on its esteemed S80 class. Notably, the first S80 class submarine, launched in 2021, is currently undergoing sea trials and is slated for delivery to the Spanish Navy by year-end. Navantia’s involvement