Bloomberg: Germany plans to allocate about 17 billion euros to strengthen its missile defense system
MOSCOW, February 2 – RIA Novosti. Germany plans to allocate about 17 billion euros to strengthen its missile defense, the agency reported. Bloomberg with reference to sources.
According to sources, the government of German Chancellor Olaf Scholz is in talks with Diehl Defense to purchase eight IRIS-T air defense systems worth between 2 and 3 billion euros. Sources reported that the plans include the Israeli Arrow 3 missile defense system, for which they will allocate a budget of 4 billion euros, and the US Patriot system, worth 10 billion euros.
Earlier, Reuters reported that Germany plans to purchase eight IRIS-T air defense systems for its armed forces, which the country had previously sent to Kiev. The German Ministry of Defense confirmed its intention to submit to the agency an agreement on the purchase of IRIS-T systems for parliamentary approval, but did not specify their number and timing.
Source: Ria
I’m Harold O’Connor and I work as an author and editor for News Unrolled, a news website dedicated to delivering the latest world events. With my in-depth research skills, passion for news writing, and keen eye for detail, I strive to provide readers with accurate information on current affairs from around the globe.