Reports: Israel Closing in on Arrow 3 Missile Sale to Germany

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Israel-arrow3 — Arrow anti-ballisti missile launch. (Picture: U.S. Navy picture, by way of Wikimedia Commons)

An settlement regarding Israel’s sale of its Arrow-3 missile protection system to Germany will probably be signed inside a number of months, the top of the mission’s primary contractor stated on Monday.

“We’re shifting forward properly towards a contract for Arrow-3,” Boaz Levy, CEO of state-owned Israel Aerospace Industries (IAI) informed a Reichman College convention close to Tel Aviv.

“And if I can present a small prediction, I feel this contract might be signed inside a number of months,” stated Levy.

Germany has ramped up its army spending following Russia’s invasion of Ukraine.

The Arrow-3 is designed to intercept ballistic missiles exterior of the Earth’s environment. On whether or not different European nations have been available in the market to purchase the system, Levy stated that “one can count on Arrow-3 to achieve extra nations, too.”

The mission has US backing so the sale would require approval from Washington. IAI is the mission’s primary contractor and Boeing is concerned in producing the interceptors.

(The New Arab, PC)