Israel and Greece Sign $2.7 Billion Defense Deal
Israel and Greece have signed a significant defense agreement, dubbed "Achilles Shield," valued at over 10 billion shekels (approximately $2.7 billion USD). The deal, finalized between the Israeli Ministry of Defense and its Greek counterpart, will see Israel establish a multi-layered defense system in Greece.
This comprehensive system will incorporate advanced Israeli defense technologies. Key components include the David's Sling missile defense system and the SPYDER air defense system, both manufactured by Rafael Advanced Defense Systems. Additionally, the Barak MX air defense system, produced by Israel Aerospace Industries (IAI), will be integrated into the Greek defense network.
The agreement signifies a deepening of defense cooperation between the two nations and highlights Israel's growing role in providing advanced security solutions to its allies.
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