Greece Approves €3.5 Billion Israeli Air Defense System Deal

Greece is set to approve a €3.5 billion ($4.1 billion) deal to acquire an advanced Israeli-made air defense system, according to a Reuters report citing local sources.

The country's National Security Council (KYSEA), Greece's highest decision-making body for foreign and defense affairs, is expected to give final approval to the project after granting preliminary approval earlier this year.

Multi-Layered Defense Network

The new system will form the core of Greece's 'Achilles Shield,' a multi-layered defense network designed to intercept ballistic missiles, drones, and other aerial threats. The project is expected to include radar and missile systems developed by leading Israeli defense companies Rafael Advanced Defense Systems and Israel Aerospace Industries (IAI).

Greece currently relies on U.S.-made Patriot missile batteries alongside older Russian-built S-300 systems to protect its airspace.

Growing Israel-Greece Defense Partnership

Israel and Greece have steadily expanded their defense cooperation in recent years. The two countries jointly operate an air force training center in Greece and regularly conduct military exercises together.

Last year, Greece also purchased approximately €650 million worth of Israeli multiple-launch rocket systems, further strengthening defense ties between the two allies.

Military Modernization

The air defense purchase is part of Greece's broader military modernization strategy, which includes plans to invest €28 billion through 2036. The program also calls for the acquisition of up to 40 U.S.-built F-35 fighter jets, as well as new frigates from France and Italy.