BEL, Safran to form equal JV to make French missile Hammer in India
BENGALURU: Hours after defence minister Rajnath Singh and his French counterpart Catherine Vautrin concluded the 6th India–France Annual Defence Dialogue in Bengaluru with a headline announcement on local production of Highly Agile Modular Munition Extended Range (Hammer) missiles, defence PSU Bharat Electronics Limited (BEL), elaborating on the agreement said it will form an equal joint venture (JV) with Safran Electronics & Defense.
“The operationalisation of the provisions of JVA is subject to regulatory and administrative approvals of both the countries. BEL and Safran Electronics & Defense also signed a Master Production Agreement (MPA), which sets out the terms of cooperation for transfer of production of Hammer in India,” BEL said.
The agreement was signed by BEL CMD Manoj Jain and Safran’s executive VP and defence director Alexandre Ziegler in the presence of the two ministers during the dialogue.
The proposed joint venture company will have equal shareholding between BEL and Safran Electronics & Defense. It will focus on manufacturing, supplying and maintaining the Hammer weapon system to meet the requirements of the Indian Air Force and the Indian Navy.
“Hammer is a combat-proven, precision-guided weapon system known for its high accuracy and modular design, making it adaptable for multiple platforms, including the Rafale and LCA Tejas,” BEL said.
According to the release, indigenisation levels will progressively increase. “The transfer of production will happen in a phased manner ensuring a stabilised production line in India. The indigenisation level will progressively increase with key sub-assemblies, electronics and mechanical parts being manufactured locally,” BEL said.
The announcement comes against the backdrop of renewed India–France defence cooperation. On Tuesday, Singh and Vautrin renewed the broader defence cooperation framework for another decade. For India, local production of Hammer marks a shift from being a buyer to becoming a co-producer of a frontline precision weapon.
Safran Electronics & Defense already supplies Hammer systems and SIGMA95 inertial navigation systems to India. The new arrangement extends that relationship into manufacturing and lifecycle support within India.
The agreement was signed by BEL CMD Manoj Jain and Safran’s executive VP and defence director Alexandre Ziegler in the presence of the two ministers during the dialogue.
The proposed joint venture company will have equal shareholding between BEL and Safran Electronics & Defense. It will focus on manufacturing, supplying and maintaining the Hammer weapon system to meet the requirements of the Indian Air Force and the Indian Navy.
“Hammer is a combat-proven, precision-guided weapon system known for its high accuracy and modular design, making it adaptable for multiple platforms, including the Rafale and LCA Tejas,” BEL said.
According to the release, indigenisation levels will progressively increase. “The transfer of production will happen in a phased manner ensuring a stabilised production line in India. The indigenisation level will progressively increase with key sub-assemblies, electronics and mechanical parts being manufactured locally,” BEL said.
Safran Electronics & Defense already supplies Hammer systems and SIGMA95 inertial navigation systems to India. The new arrangement extends that relationship into manufacturing and lifecycle support within India.
Popular from Business
- ‘Zero tolerance’ for unruly flyers: DGCA proposes stricter norms
- AI boom! What Nvidia wants from India to put New Delhi on the global manufacturing map
- 'India doesn't negotiate as a meek nation': Piyush Goyal says trust is key referring to recent trade deals
- Gold price prediction today: When will gold rates resume upward bullish trend?
- Stock market today: Which are top gainers and losers on NSE and BSE on February 18? Check list
end of article
Trending Stories
- Gold price today: How much 22K, 24K gold costs in Delhi, Mumbai & other cities – check rates
- Next station is Meerut: Get ready for India’s fastest metro at 120 kmph
- Hindalco, L&T & more: Top stocks to watch on February 18
- US, Japan seal ‘massive’ trade deal; Tokyo to invest $550 billion in America; key details of the pact
- Asian stocks today: Nikkei adds over 700 points after US-Japan deal; markets in China, Korea remain shut
- Bank holiday today: Are banks open on closed on February 18? Check state-wise details
- Stock market today: Nifty50 opens near 25,700; BSE Sensex flat in trade
Photostories
- 5 things foreign tourists secretly dislike about travelling in India
- 6 luxury cars with interiors that feel like five-star lounges
- How to make Afghani Egg Curry for dinner at home
- Kidney-safe doesn’t mean bland: Doctor shares foods and cooking practices you will actually enjoy
- Why kids refuse vegetables: 5 smart tips to make them love veggies
- 5 series conspiracy theories that refuse to die: From ‘Stranger Things’ to ‘Breaking Bad’ and more
- 10 ways to add protein-rich chana dal to daily meals
- What renovations increase property value the most?
- Delhi–Jaipur travel time to drop to 4.5 hours as NHAI opens 6 flyovers on NH-48
- From Shivaji Satam to Dayanand Shetty- CID cast then and now
Up Next
Start a Conversation
Post comment