Israel and Greece have signed the 'Achilles Shield' defense agreement valued at approximately 3 billion euros (over 10 billion shekels), the Israeli Ministry of Defense announced. The deal establishes a multi-layered air defense network in Greece incorporating David's Sling, SPYDER, and BARAK MX systems. It is the largest defense export deal in bilateral ties.
Israel and Greece signed the 'Achilles Shield' agreement on Monday, August 31, at the Ministry of Defense in Tel Aviv. Director General of the Israeli Ministry of Defense, Maj. Gen. (res.) Amir Baram, and Greek National Defense Ministry Director General for Armaments and Investments, Yannis Bouras, signed the deal, which is valued at approximately 3 billion euros (over 10 billion shekels).
The multi-layered air defense network will integrate David's Sling (Rafael), SPYDER (Rafael), and BARAK MX (IAI) systems, along with MMR radars and a national command-and-control center. The package also includes a €26 million Drone Dome counter-drone system. The project has a 35-month delivery timeline and requires 25% Greek industrial participation.
The agreement is the largest defense export deal in Israel-Greece relations and one of the largest in Israel's history, second only to the Arrow 3 sale to Germany. It follows months of negotiations and was first reported over the weekend by Israeli media, including Israel Hayom and i24NEWS. The signing was confirmed on Monday by the Ministry of Defense and reported by N12.
The deal strengthens the strategic partnership between Israel, Greece, and Cyprus in the Eastern Mediterranean, and is widely seen as a signal to regional adversaries, including Turkey and Iran.
13 developments
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Source and signal
- Open-source intake