Germany advancing planned purchase of Israel’s Arrow 3 for $4.3 billion — report

Share Story

Germany is advancing plans to purchase Israel’s Arrow 3 anti-ballistic missile system for some 4 billion euros ($4.3 billion), the Reuters news agency reported Saturday.

According to the report, citing German finance ministry procurement documents, German lawmakers will be asked to release advance payments of up to 560 million euros ($600 million) next week in order to secure a government-to-government deal with Israel of the Arrow 3 system at the end of the year.

The Arrow 3 is currently Israel’s most advanced long-range missile defense system, meant to intercept ballistic missiles while they are still outside of the Earth’s atmosphere, taking out projectiles and their nuclear, biological, chemical or conventional warheads closer to their launch sites.

Germany has sought to purchase the Arrow 3 system from Israel for more than a year now. It came up in a meeting in April between Prime Minister Benjamin Netanyahu and German Chancellor Olaf Scholz.

Should the deal fail, Germany would lose all or part of its advance payments, Reuters reported, citing the government documents. The money would be used to compensate Israel.

In April, Israeli and German officials launched “advanced” discussions on the sale of the Arrow 3 system.

The Arrow 3 missile defense system, which was delivered to the Israeli Air Force on January 18, 2017. (Defense Ministry)

Israel’s Defense Ministry said that as the system was co-developed with the United States, the export process to Germany was contingent on the approval of Washington.

Germany has been seeking to bolster defenses amid Russia’s invasion of Ukraine.

Last year, Andreas Schwarz of Scholz’s SPD party, who sits on the parliamentary budget committee, said: “We must better protect ourselves against the Russian threat. To do that, we need quickly an anti-missile shield for Germany.”

“The Israeli Arrow 3 system is a good solution,” he told Bild daily at the time.

The Arrow 3 was developed in a joint project between Israel’s Defense Ministry’s Missile Defense Organization and the American Missile Defense Agency. Work is underway on the development of a yet more advanced system, the Arrow 4.

You’re a dedicated reader

That’s why we started the Times of Israel eleven years ago – to provide discerning readers like you with must-read coverage of Israel and the Jewish world.

So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.

For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.

Thank you,
David Horovitz, Founding Editor of The Times of Israel

Join Our Community

Join Our Community

Already a member? Sign in to stop seeing this

Source link


Share Article

Leave a Reply

Your email address will not be published.

Related Posts

This is articles having same tags as the current post.

error: Content is protected !!