2025-11-25 10:03:06 am | Source: Reuters
India`s BEL, France`s Safran to produce air-to-ground weapons in India
India's Bharat Electronics Limited and France's Safran Electronics and Defence have signed an agreement to produce HAMMER smart precision-guided air-to-ground weapons in India, the country's defence ministry said on Monday.
"The agreement formalises establishment of a Joint Venture private limited company with 50:50 shareholding," the ministry said in a statement.
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