Israel signs record-breaking 3.5-bln-USD Arrow-3 missile deal with Germany

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Israel signs record-breaking 3.5-bln-USD Arrow-3 missile deal with Germany

STORY: Israel signs record-breaking 3.5-bln-USD Arrow-3 missile deal with Germany DATELINE: Sept. 29, 2023 LENGTH: 00:00:35 LOCATION: Jerusalem CATEGORY: MILITARY SHOTLIST: 1. various of the Arrow-3 hypersonic missile defense system 2. various of Israeli defense Minister Gallant's statement 3. various of the Arrow-3 hypersonic missile defense system STORYLINE: Israel announced Thursday that it had signed a record-breaking 3.5-billion-U.S. dollar agreement with Germany to sell its Arrow-3 hypersonic missile defense system to the European country. The Israeli Defense Ministry said in a statement that Israeli Defense Minister Yoav Gallant and German Defense Minister Boris Pistorius signed the agreement in Berlin on Thursday. The two ministers also signed a joint statement, pledging to enhance bilateral security ties. As part of the deal, Germany has agreed to make an immediate payment of 600 million U.S. dollars, which will be used by Israel to start the production of Arrow-3 batteries for Germany, the stat

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