Germany In Talks To Buy Arrow 3 Missile Defence System From Israel

An Arrow 3 is tested by IAI. (IAI)  

Bloomberg: Germany Snubs Lockheed, Opts for Israeli Air-Defense System 

(Bloomberg) -- Germany has made a preliminary decision to buy Israel’s Arrow 3 air-defense system instead of a rival product manufactured by Lockheed Martin Corp., according to people familiar with the matter. 

Chancellor Olaf Scholz discussed the air-defense issue earlier Monday with Israeli Prime Minister Yair Lapid in Berlin and they both gave positive signals about a possible deal at a joint news conference. 

The Arrow 3 interceptor, manufactured by Israel Aerospace Industries, could cost around 2 billion euros ($2 billion), according to reports in German media, if the government chooses it over Lockheed’s THAAD system. 

Following Russia’s invasion of Ukraine in February, Scholz’s ruling coalition created a dedicated fund worth 100 billion euros to help modernize its armed forces, which critics have said have been severely underfunded in recent years. 

The investment is in addition to the federal government’s regular annual defense budget of around 50 billion euros. Scholz referred to the new fund on Monday, which he said was “for investment in our security and that of our neighbors.”  

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Germany In Talks To Buy Arrow 3 Missile Defence System From Israel  

Wary of Russia, Germany in talks to buy Arrow 3 missile defence from Israel -- Reuters  

Israel eyes Arrow 3 sale to Germany, will help replace Russia as gas sup -- Jerusalem Post  

Germany to buy Israel's Arrow 3 anti-ballistic missile system — report -- Times of Israel  

Germany’s interest in Arrow 3 could presage European defense bonanza for Israel -- Breaking Defense