Israel and Germany have marked a 430-million Euro contract to furnish the Jewish State with four boats to secure common gas and oil rigs in the Mediterranean. The Defense Ministry declared the arrangement on Monday with the landing in Tel Aviv of German Defense Minister Ursula von der Leyen for an official state visit. Included in the assention was a gift of 115 million Euros gave to Israel by the German government.
The undertaking is being financed through the Exclusive Economic Zone through a financial plan separate from that utilized for resistance. Maj.-Gen. (res.) Dan Harel, overseeing executive of the Defense Ministry, said the procurement spoke to “an emotional change in the naval force’s capacity to ensure key locales for the State of Israel.” The four patrol corvette-sort vessels are to be assembled by the TKMS German shipyard in the city of Kiel close Hamburg. All will be furnished with Israeli battle frameworks.
The shipyard is claimed and worked by the TK Consortium, which has focused on a complementary buy from Israel. TK Consortium has consented to purchase at any rate NIS 700 million in Israeli resistance item under the terms of the agreement. Given the hardware with which the vessels are to be stacked, Israel’s barrier industry will be occupied for the following five years, when the vessels are to arrive. Dolphin submarines right now being used by the Israel Navy were created in the same shipyard.
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