Deutschland genehmigt Folgevertrag für Arrow 3 im Wert von 3,1 Milliarden US-Dollar | Durch den jüngsten Deal wird sich der Gesamtbetrag, den Deutschland für das Langstreckenraketenabwehrsystem ausgibt, auf mehr als 6,7 Milliarden US-Dollar erhöhen – mit Abstand der größte Verteidigungsdeal in der Geschichte Israels.

Germany approved a major expansion of its deal with Israel to buy the Arrow 3 missile defense system.

The new agreement adds $3.1 billion, bringing Germany’s total spending to over $6.7 billion, the largest defense deal in Israel’s history.

The deal increases production of missiles and launchers and strengthens Germany’s air defense.

Arrow 3 is already active in Germany and has proven effective in protecting Israel from long-range missile attacks.

During the 12 days war with Iran, according to the data we have and using platforms such as the Arrow, Israel managed to intercept around 86% of the Iranian ballistic missiles launched on it ([Hebrew source](https://www.ynet.co.il/news/article/r1owqqingg)).

This has so far been a great year for Israel’s defense industry and [economy in general](https://en.globes.co.il/en/article-foreign-investment-pouring-into-tel-aviv-stock-exchange-1001529193).

Another interesting deal announced recently is between Israel’s Elbit systems to the UAE, [valued at 2.3BN$](https://en.globes.co.il/en/article-elbits-mystery-23b-customer-named-as-uae-report-1001529452).