Greece signs record $3.5 billion air defence deal with Israel

Greece and Israel signed a $3.5 billion air defence agreement on 31 August 2026, marking the largest defence deal between the two Mediterranean nations; Greece will acquire a multi-layered air defence system by 2029. The purchase reflects Greece's elevated defence spending relative to other NATO allies and Israel's expanding weapons export market.

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Israel signs $3.5 billion air defence deal with Greece

rss:straitstimes-worldinternational29d ago wire ×2 kagi ↗

JERUSALEM/ATHENS, Aug 31 - Israel and Greece signed a €3 billion ($3.5 billion) defence deal on Monday under which Israel will build a multi-layered air defence system for Greece as Athens pushes ahead with a broader military modernisation programme.

Israel and Greece sign US$3.5 billion defence deal, largest ever between the 2

rss:scmpinternational29d ago kagi ↗

Israel signed a multibillion-dollar weapons deal with Greece, the largest between the two Mediterranean countries, as Israeli defence exports soar. Israel’s Defence Ministry said on Monday the nearly €3 billion (US$3.5 billion) defence export deal, coined Achilles Shield, was one of the country’s largest and included a multilayered air defence system for Greece using Israeli technology. “Israel an