Germany has ramped up its military spending - a decision prompted by the Russia-Ukraine crisis. The Arrow-3 is designed to intercept ballistic missiles outside of the earth’s atmosphere.
It is the top layer of Israel's missile defense array, which extends from Iron Dome that intercepts short-range rockets to Arrow-3's long-range missiles that destroy any non-conventional warheads at a safe altitude.
Talks with the German defense ministry have been accelerated and the aim is to export the system in the near future, said Israel's Defense Ministry.
The project has US backing so the sale would require approval from Washington, the ministry said.
State-owned Israel Aerospace Industries ISRAI.UL is the project's main contractor and Boeing BA.N is involved in producing the interceptors.
