The Times of Israel:

Germany is advancing plans to purchase Israel’s Arrow 3 anti-ballistic missile system for some 4 billion euros ($4.3 billion), the Reuters news agency reported Saturday.

According to the report, citing German finance ministry procurement documents, German lawmakers will be asked to release advance payments of up to 560 million euros ($600 million) next week in order to secure a government-to-government deal with Israel of the Arrow 3 system at the end of the year.

The Arrow 3 is currently Israel’s most advanced long-range missile defense system, meant to intercept ballistic missiles while they are still outside of the Earth’s atmosphere, taking out projectiles and their nuclear, biological, chemical or conventional warheads closer to their launch sites.

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