Bharat Electronics Limited will partner with France’s Safran Electronics & Defence. They will form a joint venture to produce HAMMER precision-guided air-to-ground weapon systems in India. This collaboration aims to boost domestic defence manufacturing capabilities. The agreement signifies a 50:50 ownership structure for the new entity. This move aligns with the government’s indigenisation initiative.
BEL shares in focus on signing JV with Safran Electronics to produce precision air-to-ground weapons
📅 Published: November 25, 2025 |
📂 Category: Uncategorized