Germany Heron TP Lease Extension

The 'Germany Heron TP Lease Extension' is a 250 million EUR contract extending Germany's lease of IAI Heron TP medium-altitude long-endurance (MALE) drones, operated via Airbus, for Bundeswehr reconnaissance missions. It prolongs the original ~900 million EUR, 9-year deal (starting 2019) for 5 operational and 2 training drones, used for ISR in deployments, with training at Israel's Tel Nof base by the 'Red Baron' squadron; negotiations ongoing as of recent reports amid proven performance and prior investments.