Germany has decided to purchase Israel’s Arrow 3 air-defense system rather than a competing Lockheed Martin Corp. device, people with knowledge of the situation told Bloomberg.

Chancellor Olaf Scholz met with Israeli Prime Minister Yair Lapid in Berlin earlier on Monday, and both gave encouraging signs about a possible deal at a joint news conference.

According to German media, the Arrow 3 interceptor—made by Israel Aerospace Industries—could cost around 2 billion euros ($2 billion) if the government chooses it.

The Prime Minister’s Office said the two men held a private meeting that lasted about an hour.

During the meeting, Lapid emphasized the importance of continuing the struggle against Iran’s nuclear program and expanding strategic cooperation with Germany.

In January, Israel signed a 3 billion euro ($3.4 billion) agreement with Germany’s ThyssenKrupp Marine Systems to develop and produce three submarines for the Israeli Navy.

 
JNS

Every story is a world

In an era of social media and bloggers, false news spreads like a wildfire, igniting bouts of anti-Semitism, hate crimes and even wars.

Accurate and thoughtful journalism is needed now more than ever.

Throughout the year, we have worked hard to present stories and analyses about Israel and the Jewish world when they are needed most. Our reporters strive to tell the truth when others fail to do so.

Our ability to continue creating the content you know and read depends on you.

This Rosh Hashanah, we appreciate your support.