Why has Greece signed a $3.5bn missile deal with Israel?

Greece has signed a $3.5 billion defense agreement with Israel for the delivery of the multi-layered air defense system, "Achilles Shield." This marks the largest defense deal between the two nations. The system includes David's Sling, Spyder, and Barak MX missile defense components, along with radars and an AI-enabled command center. Analysts suggest Greece's decision is driven by concerns over potential threats stemming from the US-Israel conflict with Iran, particularly given Greece's hosting of American naval bases. Additionally, the deal addresses Greece's apprehension regarding Turkiye's growing drone capabilities and ongoing territorial disputes. The Achilles Shield is part of Greece's broader military modernization plan, aiming for full operational readiness within 35 months.

Israel and Greece have signed a significant defense export deal, valued at nearly €3 billion (US$3.5 billion), which is the largest ever between the two nations. The agreement, named Achilles Shield, will provide Greece with a multilayered air defense system utilizing Israeli technology. This deal highlights the soaring defense exports from Israel. According to Israel's Defence Ministry, the agreement underscores shared strategic interests and common regional challenges faced by both countries, particularly in the context of actors with hegemonic ambitions seeking to expand influence and destabilize the region.

Israel and Greece have signed a significant defense export deal, valued at 3 billion Euros (approximately $3.5 billion), named "Achilles Shield." This agreement, the largest between the two Mediterranean nations, will provide Greece with a multilayered air defense system utilizing Israeli technology, including systems like David's Sling and SPYDER. The deal comes as Israel's defense exports reach record highs, exceeding $19 billion last year. Greece is modernizing its armed forces to address regional challenges and disputes with Turkey. This agreement marks a deepening of defense ties, with Greece's Defense Minister stating that modern warfare necessitates updated defense doctrines.