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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