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Achilles Shield: Israel, Greece Sign over NIS 10b. Air Defense Deal Against Turkey

  • On Monday, Israel and Greece signed a defense agreement valued at roughly $3.5 billion to build a multi-layered air defense network for Greece, known as Achilles Shield.
  • Negotiated over three years, the agreement marks the largest defense export deal in Israel's history, reflecting deep strategic trust between the two countries as Greece modernizes its military capabilities.
  • Israel will supply David's Sling and SPYDER systems, Israel Aerospace Industries' BARAK MX system, and ELTA Systems radars to defend against aircraft, drones, and ballistic missiles.
  • Greek companies are expected to receive about €700 million as subcontractors, while a supplementary €26 million contract was signed for Rafael Advanced Defense Systems' Drone Dome counter-drone technology.
  • Officials expect the system to be delivered in stages and become fully operational within about 35 months, positioning Greece as the first European Union country to field such an integrated national shield.
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Israel announced on Monday the conclusion of an arms contract with Greece worth about €3 billion, despite increasing international criticism of it following the Gaza war, AFP reports.

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Israel and Greece signed a 3 billion euros (3.5 billion dollars) defense agreement on Monday. According to the understanding, Israel will build a multi-layered air defence system for Greece, at a time when Athens is continuing a broader program of military modernization. Read also: Spain blames Russia and Israel for misinformation in Ceuta Trump's migration crisis cannot deport students for criticizing Israel, decides Judge Colonos de Israel mak…

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Jerusalem Post broke the news in Jerusalem, Israel on Monday, August 31, 2026.
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