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Israel signs €3 billion arms export deal with Greece
DW.com • • general
Key Points:
- Israel and Greece signed a €3 billion arms export deal for Israel to build a comprehensive, multi-layered air defense system for Greece, utilizing Israeli-made systems such as David's Sling, SPYDER, and BARAK MX.
- The deal, named "Achilles Shield," was signed in Tel Aviv and is part of Greece's broader military modernization plan, which aims to spend €28 billion by 2036 on defense upgrades including fighter jets and warships.
- Greece currently operates a mix of US Patriot missiles, Russian S-300 systems, and other short-range air defenses, and the new Israeli systems will enhance its capabilities amid regional tensions, especially with Turkey and threats from Iran.
- Israel and Greece have strong defense cooperation, including joint military exercises, an air training center in Greece, and collaboration on anti-drone and cybersecurity measures.
- The Israeli Defense Ministry described the deal as the largest defense export agreement in Israel-Greece relations and one of the biggest in Israel's history.
