Israel, Germany finalize Arrow 3 missile defense deal sale
This was the final milestone in a process dating back years with a variety of delays and ups and downs from Israel, Germany, and the US.
Stay updated with breaking news from Moshe Patel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This was the final milestone in a process dating back years with a variety of delays and ups and downs from Israel, Germany, and the US.
Biggest-ever Israeli defense sale expected to be finalized next month, but signing Thursday kicks off manufacturing of batteries set to form top layer of European Sky Shield plan
Israel's largest-ever defense contract was okayed in August by the US, which partnered with Israel Aerospace Industries to produce the anti-ballistic missile system
Gallant told German counterpart Pistorius that the deal had "great significance for Israel and Germany from security, economic, and not least, symbolic perspectives."
Israeli defense firms are outperforming overseas rivals and reporting record orders due to their advanced, innovative technologies.