New Delhi, Nov. 25 -- Bharat Electronics Limited (BEL) and France's Safran Electronics and Defence (SED) have signed a Joint Venture Cooperation Agreement (JVCA) to produce the Highly Agile Modular Munition Extended Range (HAMMER) precision-guided air-to-ground weapon system in India.

The JVCA builds on the Memorandum of Understanding (MoU) signed at Aero India on 11 February 2025 and confirms the intent to establish a Joint Venture Company in India with equal shareholding between BEL and SED.

The proposed JVC will undertake the localisation, supply and lifecycle support of the HAMMER weapon system for the Indian Air Force and Indian Navy.

Indigenisation is planned to progressively increase to around 60 percent, with key sub-assemblies...