Germany will spend up to $143 million of its federal budget to construct warships for Israel, Bild am Sonntag reported Sunday.
Israel will construct four warships worth $1.24 billion at the ThyssenKrupp Marine ship building plant in Kiel, the newspaper reported citing a confidential letter addressed to the German Budget Committee from the German Deputy Finance Minister Steffen Kampeter.
According to the letter, the Defense Ministry requires the funding to create "defense systems" for Israel.
Israel has previously raised a request with German government to finance the project partially, the report said.
Germany sent an advanced Dolphin-Class submarine to Israel as well as detonators worth 900,000 euros, according to the Spiegel last September.
The military equipment deliveries to the conflict areas have been long debated by the German lawmakers, with some arguing that aiding Israel does not contribute to the conflict settlement in the Middle East.
Krauss-Maffei Wegmann (KMW) handed over 20 LEOPARD 2 A7, the latest version of the Leopard 2 main battle tank (MBT tanks), to the German Army last week. The LEOPARD 2 A7 is a product of collaboration between multiple NATO partners and KMW that began seven years ago
Airbus will deliver 15 military multi-role helicopter, the EC645 T2 (LUH SOF) to German Armed Forces (Bundeswehr) by 2015 year end. Airbus announced today that the helicopter has successfully completed its first flight
Germany will revive the $1.5 billion high-altitude reconnaissance drone Euro Hawk project, media reports said Saturday
Germany has approved deliveries of tanks, grenade launchers and machine guns to several Arab countries, according to a report in the Sueddeutsche Zeitung newspaper. The report yesterday stated that weapons are to be delivered to countries including the United Arab Emirates, Saudi Arabia and Algeria
Germany has agreed to deliver weapons and munitions worth a total $91 million to Kurdish forces in northern Iraq in their fight against Islamic State (IS). The weapons will be delivered in three tranches to a secure region of Iraq that has not been affected by the civil war, according to the German Defense Ministry
Germanys Rheinmetall announced Tuesday that it has signed a memorandum of understanding with Turkeys MKEK at IDEF 2015 to establish a venture for developing new weapons systems and munitions. Operational management of the new company, to be known as “Rheinmetall MKEK Technologies”, will be organized by Rheinmetall
German military will buy back Leopard 2 main battle tanks from the defense industry for $23.2 million (22 million euros), German Defense Ministry spokesman Jens Flosdorff was quoted as saying by the Associated Press Friday
The German Federal Security Council has approved the delivery of the fifth of six promised submarines to Israel, tools and service parts for small-caliber ammunition, sonar systems to India and 336 trucks to Algeria, Süddeutsche Zeitung Daily wrote on Friday, citing the Council's report to the parliamentary Economics Committee. ThyssenKrupp had handed over the fourth submarine last September
The German Parliament, has reportedly approved the purchase of 18 Airbus Sea Lion Helicopters, a variant of the NH90 to the Bundeswehr by Airbus. The Bundestags budget committee on March 4 approved the procurement of 18 Sea Lion naval variants of the NH90 helicopter for about 1
Iran Unveils S-300 Clone, Claims ‘Substantial Upgrades’ over Russian System
BAE Systems to Boost F-35 Electronic Warfare Capabilities
Raytheon, US Navy Complete First Test of Enterprise Air Surveillance Radar
USAF Awards Boeing $999 Million A-10 Thunderbolt II Re-Winging Contract
Elbit Systems Pitches For Lockheed Martin F-21 Jet Project in India
India's First Beyond Visual Range Air-to-Air Missile Ready
Russian AF to Receive Upgrade Su-30SM Jet with Engine from Su-35 Fighter...
Turkish Air Force Seeks Su-35 after F-35 Deal Collapse
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...