Photo Credit: Mark Neiman / GPO

The German government will approve Israel’s purchase of three additional submarines, Israel’s Broadcasting Corporation (Kan) reported Monday.

The deal, valued at $2 billion, is set to take effect in 2027 and will include significant financial support from the German government.

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“Aiding the armament of Israel using the German [weapons] industry has been a frequently-discussed issue over the past 20 years,” said Steffen Seibert, a spokesperson for Chancellor Angela Merkel.

“Germany stands behind its historical commitment to Israel, and [remains committed] in order to ensure Israel’s existence.”

The signing of the deal is taking place following a recent postponement by Germany due to corruption investigations aimed at high-level Israeli government officials and dealings with Germany’s Thyssenkrupp conglomerate, which manufactures the submarines.

German officials have also insisted, however, on a clause which would allow Berlin to withdraw from the deal at any time.

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Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for Babble.com, Chabad.org and other media outlets, in addition to her years working in broadcast journalism.