An agreement relating to Israel's sale of its Arrow-3 missile defence system to Germany will likely be signed within a few months, the head of the project's main contractor said on Monday. "We are moving ahead nicely toward a contract for Arrow-3," Boaz Levy, CEO of state-owned Israel Aerospace Industries (IAI) told a Reichman University conference near Tel Aviv. "And if I can provide a small prediction, I think this contract will be signed within a few months," said Levy. Germany has ramped up its military spending following Russia's invasion of Ukraine. The Arrow-3 is designed to intercept ballistic missiles outside of the earth’s atmosphere. It is the top layer of
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