According to media reports in Israel and Germany at the end of last week, the German government signed a MoU for a €1.5 billion deal between Israel and ThyssenKrupp for the supply three new submarines capable of launching nuclear weapons to the Israeli Navy. 

Negotiations on the sale had been frozen for three months due to concern in Berlin over a related corruption investigation in Israel. A statement by the Prime Minister's Office said, “The MOU is strategically important to the security of Israel. Its signing reflects the commitment of Germany and Chancellor Angela Merkel to the security of Israel and the deep cooperation between the two countries.”