Germany approves $3.1b follow-on Arrow 3 deal | The latest deal will bring the total amount Germany is spending on the long-range missile defense system to more than $6.7 billion – easily the biggest defense deal in Israel’s history.

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1. 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).

2. The arrow 3 missile system was built in collaboration between the United States and Israel. The United States supported the acquisition of the system by Germany. It seems the West’s defense sector continues to see Israel as part of its long term strategy. I just can’t help but feel supporting Israel is more trouble than it’s worth, seeing as it is such a hot issue with so much of the middle east.

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