The German government has announced that it will sign off on a deal to sell three new ThyssenKrupp submarines to Israel. Officials had delayed the deal as concerns arose about a corruption investigation in Israel.
The German government plans to sign a deal on Monday on three submarines for Israel, agreeing not only to the sale of the vessels but also to provide financial support for the purchase as in previous deals, government spokesman Steffen Seibert said on Monday.
The deal, estimated at €1.5 billion ($1.7 billion), will see Israel receive three Dolphin submarines manufactured by the German industrial giant ThyssenKrupp. They would go into service starting in 2027.