US approves Israel's record $3.5B Arrow 3 missile defense system sale to Germany
- The US approved Israel selling its Arrow 3 missile defense system to Germany for $3.5 billion, Israel's largest defense deal.
- The Arrow 3 system, jointly developed by Israel and the US, intercepts ballistic missiles outside the atmosphere.
- Germany is acquiring Arrow 3 as part of efforts to enhance air defense capabilities after Russia invaded Ukraine.
- Israel and Germany will sign a $600 million commitment letter to start work, with the full contract pending approval.
- Arrow 3 extends Germany's defensive reach and is part of the European Sky Shield Initiative for joint European air defense.