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YnetSecurity

Israel and Greece Sign Landmark $2.7 Billion Defense Deal

Translated & summarized from Ynet by baba

CenterCharged tone

Hebrew · 13 newsrooms covering

Israel and Greece have signed a major defense agreement worth over 10 billion shekels ($2.7 billion USD). Israel will build a multi-layered defense system in Greece, featuring advanced Israeli missile defense technologies.

The story in 5 lines · by baba

  • Israel and Greece signed a defense deal exceeding $2.7 billion.
  • Israel will establish a multi-layered defense system in Greece.
  • The system includes David's Sling, Spyder, and Barak MX.
  • The deal is one of Israel's largest defense exports.
  • The project is known as "Achilles' Shield" in Greece.
Israel and Greece Sign Landmark $2.7 Billion Defense Deal
Editorial illustration generated by baba News, not a photograph of the event.

Israel's Ministry of Defense announced a monumental defense agreement with Greece, valued at over 10 billion shekels (approximately $2.7 billion USD). Under the terms of the deal, Israel will establish a multi-layered defense system in Greece, incorporating Israeli system architecture.

The sophisticated defense network will feature advanced Israeli technologies, including Rafael's David's Sling and Spyder missile defense systems, alongside the Barak MX system developed by Israel Aerospace Industries (IAI). This comprehensive system is designed to counter a wide spectrum of threats.

Referred to in Greece as "Achilles' Shield," the project represents one of the largest defense contracts in Israel's history. It marks the first instance where the Ministry of Defense will provide a complete defense array for another nation, signifying a significant expansion of Israeli defense export capabilities.

The agreement underscores the deepening security cooperation between Israel and Greece, positioning Israel as a key provider of advanced defense solutions in Europe.

YnetCentre · Rishon LeZion

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