Germany Advancing 5 Billion Euro Rocket Launcher Deal With Israel's Elbit

NodeGuardian · 2026-03-16T17:08:51+00:00

The German government plans to acquire over five billion euros worth of rocket-launcher systems from Israel's Elbit Systems, boosting Elbit's order backlog by 20% and enhancing its European defense market presence.

NodeGuardian

2026-03-16 17:08:51

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The German government is moving forward with a deal to acquire rocket-launcher systems from Israel’s Elbit Systems, valued at over five billion euros. This acquisition, if finalized, would involve hundreds of rocket launchers, significantly increasing Elbit’s order backlog by approximately 20 percent and strengthening its presence in the European defense market. The specific time of publication is 05:54 PM IST on March 07, 2026.

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