Israel and Greece have signed a $3.5 billion defense agreement under which Israel will develop a multilayered air defense system for Greece. The Israel-Greece defense deal is described by Israel’s Defense Ministry as the largest defense export agreement in Israel’s history.
Named the “Achilles Shield,” the project will provide Greece with several air defense systems, including Rafael Advanced Defense Systems’ David’s Sling and SPYDER, as well as the Barak MX system produced by Israel Aerospace Industries.
The package will also include MMR multi-mission radars for aerial surveillance, produced by ELTA Systems, a subsidiary of Israel Aerospace Industries. Under the Israel-Greece defense deal, Israel will also provide a new national command-and-control system to help Greece coordinate its different air defense systems.
Israel Defense Ministry Director General Amir Baram said the agreement demonstrates Israel’s advanced technology and the effectiveness of its defense systems on the battlefield. Israel used David’s Sling to intercept Iranian missiles during its conflict with Iran this year. Greece will become the second country after Finland to receive the system.
Greece is expanding military spending amid its long-running dispute with neighboring Turkey. The country plans to spend around 28 billion euros through 2036 to develop the multilayered “Achilles Shield” against missiles, aircraft and drones. Greece also plans to acquire up to 40 F-35 fighter jets from the United States and warships from France and Italy.
Separately, Israel will provide Greece with Rafael’s Drone Dome system under another agreement worth about €26 million. The system will help protect strategically important facilities against drone attacks. The Israel-Greece defense deal will also expand cooperation between the two countries’ defense industries, including technology and skills transfer to Greek companies.
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