The government of Israel on Thursday said it will purchase three submarines from German industrial giant Thyssenkrupp worth $3.4 billion to maintain Israel’s security superiority in the region.
Israel’s Defense Minister Benny Gantz said that new submarines will upgrade the capabilities of the Israeli navy.
The deal, which includes three “Dakar” submarines, the first of which will be delivered to the Israeli, was signed after several years of planning and negotiation process, the Defense Ministry said in a statement.
According to the statement, the deal also includes the creation of a training simulator in Israel and the supply of spare parts.
The government of Germany will fund part of the deal through a special grant in accordance with an agreement signed between the two countries in 2017.
The agreement took several years as the negotiations between Israel and Germany on the deal were delayed due to a corruption affair involving Israel’s last purchase of German submarines.
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