Israel and Germany officially sign off on a major expansion to their Arrow 3 missile defense deal, following approval yesterday by the German Bundestag, the Defense Ministry says in a statement.
The expanded agreement adds an estimated $3.1 billion to the deal signed approximately two years ago, bringing the total value of the Arrow 3 program for Germany to more than $6.7 billion, making it the largest defense export deal in Israel’s history.
The signing ceremony took place in Germany and was led by the Defense Ministry’s Missile Defense Organization head Moshe Patel, and the head of Germany’s federal defense procurement office, Annette Lehnigk-Emden, with officials from both defense ministries and Israel Aerospace Industries in attendance.
The agreement follows the delivery earlier this month of the first Arrow 3 battery to Germany, as Berlin accelerates investment in air and missile defense amid the threat posed by Russia.
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