This is correct. Germany has finalized a major agreement to purchase Spike anti-tank guided missiles from the Israeli defense contractor Rafael Advanced Defense Systems.
Here are the key details of the deal:
Value: The contract is valued at approximately €2 billion (2 billion euros).
2 Supplier: The sale is being executed through Eurospike, a European joint venture company that markets and manufactures the Spike family of missiles, with Rafael being a primary technology provider and shareholder.
3 Purpose: The acquisition is part of Germany's broader efforts to rapidly modernize and strengthen its armed forces (Bundeswehr), particularly following the establishment of a €100 billion special fund for military upgrade programs.
System: The Spike missiles are highly regarded, multi-purpose, anti-armor systems used by numerous countries worldwide, including many NATO members.
4
The purchase highlights the ongoing defense cooperation between Germany and Israel, and it reflects Germany's current push to increase its defense spending and military capabilities.