Israel and Greece sign 10-billion-shekel deal for multilayered air-defense shield
The program will include the transfer of technology and expertise to Greek companies, supporting local production and maintenance capabilities
Israel and Greece expanded their security partnership on Monday by signing a major air-defense agreement valued at approximately $3.5 billion, or more than 10 billion shekels.
Known in Greece as “Achilles’ Shield,” the program will create a multilayered defense network built largely around Israeli technology. It is designed to protect Greece against a range of threats, including ballistic missiles, drones and aircraft.
The agreement was signed in Tel Aviv by Israeli Defense Ministry Director General Maj. Gen. (res.) Amir Baram and Greek defense procurement chief Yannis Boras. Senior government officials and executives from Israel’s leading defense companies attended the ceremony.
The planned network will incorporate several Israeli systems, including Rafael’s David’s Sling and Spyder platforms and Israel Aerospace Industries’ BARAK MX. Elta Systems, an IAI subsidiary, will provide multimission MMR radars.
A new national command-and-control platform will connect the various components, allowing Greek forces to manage the country’s air defenses through a unified system.
The broader deal includes a separate $30 million contract for Rafael’s Drone Dome counter-drone systems, which will be used to defend strategic sites.
Israel and Greece also intend to deepen cooperation between their defense industries. The program will include the transfer of technology and expertise to Greek companies, supporting local production and maintenance capabilities.
Described as one of the largest military procurement agreements in Greek history, Achilles’ Shield reflects the countries’ growing strategic relationship in the Eastern Mediterranean.
The deal also comes amid continuing tensions between Greece and Turkey, as Athens moves to accelerate the modernization of its air and missile defenses.