Germany signs €3.5 billion deal to buy weapons from Israel

Israel's Defence Ministry confirmed the deal with Germany on Thursday, after receiving US approval.

Transcript

00:00 The Arrow 3 missile defense system.

00:03 Jointly developed with the United States, Washington on Thursday gave Israel the green

00:07 light to sell the hypersonic system to Germany in a deal worth 3.2 billion euros.

00:13 Arrow 3 is an interceptor designed to shoot down ballistic missiles outside the Earth's

00:18 atmosphere.

00:19 The defense sale, Israel's biggest ever, comes as European nations build up their arms in

00:24 response to Russia's war in Ukraine.

00:26 "The sale of the Arrow 3 missile system, which was built by the Americans, is a very significant

00:34 step in the process of operating the business between Israel and Germany.

00:39 The Arrow 3 missile system is the most advanced in the world, a joint development of Israel

00:45 and the United States.

00:46 And this system, with our help, will give defense to Germany.

00:52 We are very proud of it."

00:55 The final contract for the deal is expected to be signed by the end of this year, following

00:59 approval by both the German and Israeli parliaments.

01:04 Berlin expects the Arrow 3 system to be delivered in the final quarter of 2025.

01:09 [MUSIC PLAYING]