Greece Approves €3.5B 'Achilles Shield' Air Defense Deal with Israel

Published Jul 24, 03:24 PM UTC

Greece has authorized the acquisition of a new air defense system from Israel, valued at up to €3.5 billion ($4 billion), along with drones and military transport aircraft. Defense Minister Nikos Dendias announced the approval by the national security council KYSEA on July 23. The 'Achilles Shield' system, to be delivered by Israeli firms Rafael and IAI, will provide layered protection against ballistic missiles, aircraft, and drones, and is expected to be fully operational within 35 months, with at least 25% produced by Greek industry. Additional approved acquisitions include Israeli Heron drones, Brazilian C-390 transport aircraft, British VICTA mini-submarines, and US V-BAT drones. The deal is part of Greece's broader €28 billion military modernization plan through 2036, which includes F-35 jets and new frigates, amid heightened defense spending due to tensions with Turkey.