The United States has approved Israel’s request to export a jointly developed missile defense system to Germany. The agreement will be the largest defense agreement in Israeli history. Israeli Times.
The Israeli Ministry of Defense confirmed that the US State Department notified head of department Yoav Gallant that the request to sell the system was approved.
The Israeli Ministry of Defense said that senior Israeli and German military officials will sign a letter of commitment in the coming weeks, with Germany transferring an initial payment of approximately $600 million to Israel.
According to the ministry, the full contract worth $3.5 billion (previously reported to be $4.3 billion) will be signed by the end of 2023 after final approvals from both parliaments. Berlin expects the Arrow 3 system to be delivered in the last quarter of 2025.
Germany will allocate about 17 billion euros to strengthen its missile defense (ABM). agency writes Bloombergciting sources. According to the publication, Germany is “negotiating with several defense companies to create a multi-layer anti-missile shield that could cost 17 billion euros.”
Previously It has been learned that the Israeli Ministry of Defense and Germany have started negotiations on the supply of Arrow 3 systems to Germany.