Greece signs $3.5bn air defence deal with Israel
Greece signs $3.5bn air defence deal with Israel Greece and Israel signed a $3.5bn defence deal on Monday that will see Israel build a multi-layered air defence system for Greece underscoring the deepening ties between the two Mediterranean countries. "This is the largest defense export deal in the history of Israel-Greece relations, and one of the largest in the history of the State of Israel,"…
Greece and Israel inked a $3.5 billion defense agreement on Monday, aiming to construct an advanced air defense system for Greece. This marks the most significant defense export deal in the history of Israel-Greece relations and one of the largest in Israel's history.
Under the terms of the agreement, Israel will contribute to a comprehensive anti-drone, anti-ballistic missile, and anti-aircraft defense system known as Achilles Shield. The system, worth an estimated $28 billion, is projected to be finished by 2036.
The deal includes the acquisition of Israel's David's Sling and SPYDER systems, both produced by Rafael Advanced Defense Systems, as well as Barak MX systems from Israel Aerospace Industries. Additionally, Greece will procure MMR multi-mission radars for air surveillance, manufactured by Israel's ELTA Systems unit.
This defense deal is unique as Greece will be the second customer for Israel's David's Sling, following Finland, another NATO member bordering Russia.
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- Greece signs $3.5bn air defence deal with Israel middleeasteye.net
- Greece signs $3.5bn air defence deal with Israel aljazeera.com
