Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Germany deploys Arrow air defence to counter Russian missile threat
    Finance

    Germany deploys Arrow air defence to counter Russian missile threat

    Germany deploys Arrow air defence to counter Russian missile threat

    Published by Global Banking and Finance Review

    Posted on December 3, 2025

    Featured image for article about Finance

    HOLZDORF, Germany, Dec 3 (Reuters) - Germany on Wednesday became the first European nation to deploy the Arrow air defence system, built to intercept intermediate-range ballistic missiles such as Russia's Oreshnik, as it seeks to counter what it sees as a growing threat from Moscow.

    Operating at altitudes above 100 kilometres (62 miles), outside the earth's atmosphere, and with a range of 2,400 kilometres, the stationary Arrow system complements shorter-range air defences such as Patriot and IRIS-T which are mounted on trucks.

    A number of countries have expressed interest in purchasing the technology since Arrow helped to thwart Iran's missile attacks on Israel in April and October 2024, according to IAI.

    At a ceremony at an air base in Holzdorf, some 100 kilometres south of Berlin, Defence Minister Boris Pistorius emphasized the system's value for early warning and protection of the population and infrastructure.

    "With this strategic capability, which is unique among our European partners, we are securing our key role in the heart of Europe," he said. "Thus, we are not only protecting ourselves, but also our partners. We are thereby strengthening the European pillar of NATO and meeting a NATO target."

    Germany aims to have the system, which is designed to cover the entire country and will be deployed at three locations in the north, south and centre, fully operational by 2030.

    Arrow can spot and intercept incoming missiles with a range beyond 1,000 kilometres, launched from land, air or sea, thus plugging a critical gap in the country's territorial defence.

    Developed by Israel Aerospace Industries (IAI) in cooperation with the U.S. Missile Defence Agency, Arrow is the upper layer of Israel's missile defences, together with the Iron Dome, which takes out short-range threats.

    Germany purchased the Arrow system in 2023, for a total cost of 3.6 billion euros ($4.18 billion), as it sees Russia's intermediate-range missiles as the primary threat to its population and critical infrastructure.

    By contrast, Russia's shorter-range Iskander missiles deployed to the enclave of Kaliningrad, some 500 kilometres from Berlin, are seen as a threat mainly to be tackled by Patriot air defence units.

    NATO's eastern expansion has shifted front-line defence to countries such as Poland and the Baltics. However, Germany remains a key staging area in the event of a conflict.

    ($1 = 0.8609 euros)

    (Reporting by Sabine Siebold, additional reporting by Kirsti Knolle, Editing by Alexandra Hudson)

    Related Posts
    UK's FTSE 100 falls as oil, defence stocks weigh; domestic unemployment climbs
    UK's FTSE 100 falls as oil, defence stocks weigh; domestic unemployment climbs
    Sterling rises after UK economic data, US figures in focus
    Sterling rises after UK economic data, US figures in focus
    Sonnedix wins contracts for 805 MW of solar capacity in Italy
    Sonnedix wins contracts for 805 MW of solar capacity in Italy
    German financial watchdog finds non-compliance at local Standard Chartered unit
    German financial watchdog finds non-compliance at local Standard Chartered unit
    European economies end year resilient but sluggish
    European economies end year resilient but sluggish
    German investor morale rises more than expected in December, ZEW finds
    German investor morale rises more than expected in December, ZEW finds
    EU Parliament approves deal to weaken corporate sustainability laws
    EU Parliament approves deal to weaken corporate sustainability laws
    EU lawmakers seek to tighten controls on Mercosur farm imports
    EU lawmakers seek to tighten controls on Mercosur farm imports
    Italy's ruling parties urge caution on using frozen Russian assets
    Italy's ruling parties urge caution on using frozen Russian assets
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    Czech defence group CSG wins $1 billion Asian truck deal, opens Slovak ammunition line
    Czech defence group CSG wins $1 billion Asian truck deal, opens Slovak ammunition line
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostRussian central bank expected to cut key rate by 50 bps to 16% at December meeting
    Next Finance PostCentral Europe's currencies to back off highs in 2026: Reuters Poll

    More from Finance

    Explore more articles in the Finance category

    KNDS, Leonardo to develop new mobile artillery system together

    KNDS, Leonardo to develop new mobile artillery system together

    BBC says it will fight Trump lawsuit over edited speech

    BBC says it will fight Trump lawsuit over edited speech

    TotalEnergies to sell stake in Malaysian gas block to Thailand's PTTEP

    TotalEnergies to sell stake in Malaysian gas block to Thailand's PTTEP

    US dollar close to multi-week lows versus euro and yen before US data

    US dollar close to multi-week lows versus euro and yen before US data

    Dassault Aviation CEO unsure if FCAS fighter will go ahead

    Dassault Aviation CEO unsure if FCAS fighter will go ahead

    Europe's leaders and laggards in electric vehicle sales

    Europe's leaders and laggards in electric vehicle sales

    EU members bordering Russia push for enhanced security at Helsinki meeting

    EU members bordering Russia push for enhanced security at Helsinki meeting

    Netherlands will host International Claims Commission for Ukraine, minister says

    Netherlands will host International Claims Commission for Ukraine, minister says

    EU to widen carbon border levy to close loopholes on polluting goods, draft shows

    EU to widen carbon border levy to close loopholes on polluting goods, draft shows

    UK's Serica Energy to buy Southern North Sea assets for $76 million

    UK's Serica Energy to buy Southern North Sea assets for $76 million

    World Bank, Vakifbank to mobilise up to $1.7 billion for Turkey's small businesses

    World Bank, Vakifbank to mobilise up to $1.7 billion for Turkey's small businesses

    SThree shares jump as US market rebounds, guidance confirmed

    SThree shares jump as US market rebounds, guidance confirmed

    View All Finance Posts