Abu Dhabi-based EDGE Group and France’s Safran Electronics & Defense signed a term sheet establishing the framework for two proposed joint ventures focused on next-generation missile development. The agreement, announced in Paris on 16 June 2026, centers on co-developing an extended-range precision-guided weapon advancing the Hammer family, alongside a supersonic air-to-ground system and a next-generation air-launched platform for unmanned aerial vehicles. Two joint ventures will be formed—one in the UAE and one in France—to enable joint development and production for domestic and international customers. This move signals deeper UAE-French defence industrial cooperation in precision weapons and marks EDGE’s shift from partnership announcements to structured industrial collaboration.