Israel signs 3-billion-euro arms export deal with Greece
Israel’s Defense Ministry announced on Aug. 31 it had signed a deal with Athens worth approximately 3 billion euros (almost $3.5 billion) to set up the “Achilles Shield” aerial defense system for Greece.
“Under the deal, Israel will build Greece a comprehensive, multi-layered air defense array, drawing entirely on Israeli-made systems and on the extensive operational experience Israel’s defense establishment has gained during the war,” the ministry said in a statement.
“This is the largest defense export deal in the history of Israel-Greece relations, and one of the largest in the history of the State of Israel,” it added.
The deal was signed by the Israeli Defense Ministry’s director general, Major General (Res.) Amir Baram, and his Greek counterpart, Ioannis Bouras, in Tel Aviv.
