Netanyahu Addresses German Defense Industry Leaders

By Hamodia Staff

Israeli Prime Minister Benjamin Netanyahu met Thursday evening, march 16, with over 30 of the senior managers of the German defense industry in the fields of land, air, sea and space, and the economic, industrial and defense organizations.

The meeting took place after Prime Minister Netanyahu met with German Chancellor Olaf Schulz, in which they shared security challenges in the coming period, which is the focus of the Prime Minister’s visit to Berlin.

During the closed event for the German business elite, the Prime Minister shared Israel’s many years of experience in the security arena and spoke about the importance of the special relationship between Germany, Israel and Europe at this time. Much of the conversation was devoted to the possibilities for cooperation between the countries through the industries in the defense arena in Germany as well as in Europe as a whole.

About a year ago, the Chancellor of Germany announced a change in German security policy with an investment of 100 billion dollars in the defense budget, as well as an increase in the defense budget by 50% to 2% of Germany’s GDP.

Israel and Germany have a long-standing security relationship, with ongoing negotiations for the purchase of the Arrow 3 weapon system for Germany, a strategic air defense system for long-term threats.