'Historic agreement': Israel announces sale of David’s Sling air defence system to Finland

Israel’s defense ministry on Sunday revealed a landmark agreement worth 317 million euros ($340 million), marking the sale of its advanced David’s Sling air defense system to to new NATO member Finland.

Described as a “historic agreement,” this cutting-edge system, a collaborative effort between Israeli and US companies, boasts the capability to intercept a range of threats, including ballistic and cruise missiles, as well as aircraft and drones.

Director General MG (Res) Eyal Zamir signed an agreement for the sale of the “David’s Sling” to Finland valued at approx. 317 million EUR. It is one of the world’s leading systems for intercepting advanced threats including ballistic missiles, cruise missiles, aircraft & drones. pic.twitter.com/lqeAxy7WiK

— Ministry of Defense (@Israel_MOD) November 12, 2023

This development follows Israel’s substantial $3.5 billion deal signed in September, which stands as the largest-ever agreement for the nation’s flourishing arms industry, reported AFP.

The earlier deal involved the sale of Israel’s Arrow 3 hypersonic missile system to Germany, a strategic move amid Germany’s efforts to enhance NATO’s air defenses in the aftermath of Russia’s invasion of Ukraine.

Notably, the Arrow 3 system, designed for long-range interception, was developed in collaboration between Israeli and US companies, requiring approval from Washington for its finalisation.

As part of the growing trend, Finland swiftly announced its intention to procure an Israeli defense system capable of countering aircraft, rockets, and missiles.

Analysts predict that the ongoing conflict in Ukraine is likely to fuel a heightened demand for Israeli defense technologies across Europe.

With inputs from agencies