German parliament approves $3.5b expansion of Arrow 3 deal with Israel
Germany is set to sign a 3 billion euro ($3.5 billion) expansion to the Arrow 3 long-range missile defense system deal with Israel, after the Bundestag on Wednesday approved the contract.
This month, Israel delivered the first Arrow 3 battery to Germany, as part of a roughly 4 billion euro ($4.6 billion) deal signed between the countries two years earlier.
The expansion to the deal is to be signed on Thursday in Germany by Israeli and German defense officials, after German lawmakers approved the contract on Wednesday — as part of a massive 50 billion euro ($58 billion) spending package on more than 30 contracts, amid the threat of Russia.
The 3 billion euro contract includes interceptor missiles for the Arrow 3 system, according to procurement documents cited........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Waka Ikeda
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