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Israel Proclaims Sale of Air Protection System to New NATO Member Finland

Israel’s protection ministry on Sunday introduced a 317 million euro ($340 million) deal for the sale of its David’s Sling air protection system to new NATO member Finland.

Calling it a “historic settlement,” the ministry stated the system collectively developed by Israeli and US firms can intercept ballistic and cruise missiles, plane and drones.

The announcement comes after Israel in September signed a $3.5-billion deal — the most important ever for the small nation’s outsized arms sector — to promote its Arrow 3 hypersonic missile system to Germany.

The long-range Arrow 3 system was additionally collectively developed and produced by firms in Israel and its prime ally america, and the sale needed to be accredited by Washington earlier than it could possibly be finalized.

That deal got here as Germany has led a push to bolster NATO’s air defenses in Europe after the Russian invasion of Ukraine final yr, urging allies to purchase deterrence techniques collectively.

Newly minted NATO member Finland was additionally fast to announce plans to purchase an Israeli protection system in opposition to plane, rockets, and missiles.

Analysts say the continued battle in Ukraine is more likely to additional improve European demand for Israeli arms.