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January 20, 2022       Share:    

Source: https://www.jpost.com/israel-news/article-694022

Israel Signs Deal with Germany to Buy Three Submarines

(Jerusalem Post) Anna Ahronheim - Israel and Germany's ThyssenKrupp Marine Systems have signed an agreement for three advanced submarines, the Israel Defense Ministry announced Thursday. The price of the three Dakar-class diesel-electric submarines will be 3 billion euros. The German government will fund 600 million euros in accordance with an agreement signed in 2017. The first submarine will be delivered within 9 years. The two countries also signed an industrial strategic cooperation agreement that amounts to 850 million euros which includes investment in Israeli industries such as defense companies. According to foreign reports, these submarines provide Israel with nuclear second-strike capabilities, carrying long-range cruise missiles with nuclear warheads.

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