After secret negotiations, Israel and Germany are poised to sign a memorandum of understanding next month on the acquisition of three new submarines by the Israel Navy, for the designated price of about 1.2 billion Euros. The memorandum will be signed by the Israeli ambassador in Berlin, Yaakov Hadas and a senior representative of the German government. The submarines are of the Dolphin class, of which Israel has already acquired six. The new deal is meant to enable Israel to replace three of the six Dolphin submarines it possesses with newer models within the next decade. The new submarines are said to be more advanced, longer, and equipped with better accessories.