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Greece Approves $3.5 Billion Air Defense Deal with Rafael and Israel Aerospace Industries
Greece has approved a 3.5 billion euro deal to purchase Israeli air defense systems including Iron Dome, SPYDER, and Barak MX, enhancing its defense against threats amid tensions with Turkey.
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What happened
- 01Greece approves a 3.5 billion euro air defense deal with Rafael and IAI.
- 02Deal includes Iron Dome, SPYDER, Barak MX systems, and Heron drones.
- 03At least 25% of systems will be produced in Greece via technology transfer.
- 04The acquisition aims to bolster Greece's defense amid tensions with Turkey.
- 05Greece previously signed a 650 million euro deal with Elbit Systems in 2023.
- 06Greece becomes the second country after Israel to deploy Iron Dome.
The deal includes technology transfer and local production, with deliveries over three years, making Greece the second country after Israel to deploy Iron Dome.
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