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Monday, May 11, 2015

Israel and Germany sign deal for ships to guard gas rigs


Israel agreed Monday to purchase four warships from Germany to protect its offshore natural-gas drilling platforms, in a €430 million ($480 million) deal.
The deal was signed by Israeli Defense Minister Moshe Ya’alon and German Defense Minister Ursula von der Leyen, who is in Israel to mark 50 years of diplomatic relations between the countries.
Defense Ministry Director General Maj. Gen.(Res.) Dan Harel called the nearly $480 million deal “a dramatic leap upward in the navy’s ability to protect the State of Israel’s strategic natural gas sites.”