Larsen & Toubro (L&T) announced today that it has been awarded a 468 crore (US $73 Million) contract by the Indian Defense Ministry to design and construct a floating dock for the Indian Navy (FDN). The floating dock is expected to significantly enhance the support infrastructure of the navy for docking of warships and submarines for repairs and refits. "In keeping with Government's 'Make in India' thrust, complete design and engineering of FDN will be undertaken in-house at L&T's Warship Design Centre. The Floating Dock will be capable of docking Naval Ships and Submarines of up to 8000 T displacement with draughts up to 7 m, during day and night," said M.V. Kotwal, President, Heavy Engineering and Member of the Board, Larsen & Toubro. "The Dock will conform to international norms and will incorporate fully automated Ballast Control System. The FDN will be self-sufficient, catering to the dock side services requirements of docked and berthed warships," he said. L&T is already executing MoD contract for design and construction of 54 fast Interceptor Boats (IBs) for the Indian Coast Guard (ICG). 27 IBs have already been delivered so far to ICG with the latest boat having been delivered two years ahead of schedule. L&T is targeting to complete delivery of all boats well ahead of schedule. The floating dock contract for FDN comes to L&T on the back of a recent order for design and construction of seven offshore patrol vessels for the ICG at `1432 crore.