Mumbai, May 23 -- The aforementioned order is valued at Rs 20.67 crore.

"The aforesaid order in respect to Next Generation Missile Vessel, signify the company's proactive stance in capturing the increasing demand resulting from the government's heightened defence spending," Lloyds Engineering said in a statement.

During the past 14 months, company has received orders for more than Rs 130 crore in defence sector, it added.

Shreekrishna Gupta, whole-time director at Lloyds Engineering Works, said: "These prestigious orders are a testament to our consistent performance and engineering expertise.

In addition to providing strong financial value, these contracts introduce new clients to our portfolio, opening pathways for future collaborati...