Israel, Germany finalise Arrow 3 missile defence deal sale

Israeli Defence Ministry director-general Maj.-Gen. (Res.) Eyal Zamir on November 23 signed the agreement for Germany's acquisition of the Arrow 3 missile defence system, valued at approximately $3.6 billion.

This was the final milestone in a process dating back years with a variety of delays and ups and downs from Israel, Germany, and the US - who had to approve the deal as a co-partner with Jerusalem in producing the system, according to The Jerusalem Post.

In September, the deal did seem to be close to final when Defence Minister Yoav Gallant flew to Germany to sign a variety of critical documents which moved the process forward.

The signing event held at Defence Ministry Headquarters in Tel Aviv was attended by senior officials.