Israel purchased four advanced surface German vessels for €430 million and Germany pledged to reciprocate with a purchase of Israeli ships totaling €161 million.

According to AP and Jerusalem Post, Israel's Defense Ministry announced the agreement today and Dan Harel, the Defense Ministry's director-general, said the deal marked a “dramatic jump in the navy's defensive capabilities.”

Israel is interested in improving its naval capabilities after the discovery of gas resources in its exclus...

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