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Israel, Germany sign $3.1 billion contract to expand Arrow air defence system

By Reuters

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Dec ​18 (Reuters) - Israel and Germany signed ⁠a contract worth around $3.1 billion ‍to expand the ​Arrow-3 air and missile defence system ​manufactured by Israeli aerospace industries, Israel's defence ministry said ‌on Thursday.

The contract ‌expansion complements the ​initial purchase agreement signed two ‌years ago. ⁠Combined, the two ‌agreements ​total approximately $6.7 billion, the ministry added.

(Reporting ⁠by Yomna ⁠Ehab and Enas ​Alashray; Editing by ‌Susan Fenton)

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