Israel and Germany sign $3.5b Arrow 3 deal
In the biggest deal ever for Israel's defense industry, Germany is paying $600 million up front for the start of production.
Source: globes.co.il
Stay updated with breaking news from German Arrow. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In the biggest deal ever for Israel's defense industry, Germany is paying $600 million up front for the start of production.
Washington has approved the sale of the highly capable system to Germany, which sees it as part of a wider Europe-wide air defense network.
Boaz Levy, CEO of IAI, told Breaking Defense he believes final approval from the US for the Arrow-3 sale to Germany will come "real soon."