The Lamont boiler is a high-pressure water tube boiler designed for forced circulation using an external pump, invented in 1925 by Walter Douglas La-Mont. It consists of several components including a feed pump, economizer, steam separating drum, and superheater, which work together to generate superheated steam efficiently. While it offers advantages like a high heat transfer rate and simple design, it also has disadvantages such as reduced heat transfer due to bubble formation on tube surfaces.