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Israel signs $3.5 billion air defence deal with Greece

The pact includes David’s Sling, Barak MX and SPYDER systems, and Greece says the network will be operational within 35 months.

  • On Monday, Greece and Israel are scheduled to sign the €3.1 billion Achilles Shield agreement in Tel Aviv, creating an integrated air-and-missile defense network linked via AI-powered command-and-control software.
  • Athens will phase out aging Russian-built S-300 and Tor-M1 systems through the program, which forms part of a broader €28 billion modernization plan to strengthen Greece's defense capabilities through 2036.
  • Valued at more than €700 million, Greek industry will handle at least 25% of the project, with agreed source code transfers providing Greece national operational control over the integrated network.
  • Following the signing, the implementation phase is slated to last about 35 months, with systems delivered progressively to ensure complex AI-enabled software integrates effectively into the Greek Armed Forces defense network.
  • As Israel and Greece assess security implications of the Mecca Joint Defence Agreement, this regional cooperation positions the network as a vital counter-measure against shifting alliances in the Eastern Mediterranean.
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311 Articles

Center

Both countries are faced with Ankara, which has already criticized the pact, which amounts to some EUR 3 billion; in Brussels, at the moment, there is an uncomfortable silence.

·Madrid, Spain
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Lean Right

The Israeli-Greek arms deal that was concluded in recent days is not aimed at any country, the parties emphasize. But it is clear that the comprehensive missile defense that Israel will install over Greece in the coming years will make it more difficult and expensive for Turkey to harm and threaten its arch-enemy.

·Stockholm, Sweden
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Lean Right

Israel continues to create regional instability by illegally invading free neighboring nations and the Achilles Shield deal with Greece is part and parcel of that trend

·Ankara, Türkiye
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Center

Greece imports weapons worth three billion euros from Israel.

Right

The €3 billion Achilles Shield air defense agreement signed between Greece and Israel has stirred controversy in the neighboring country. Criticisms of Israel in the Greek press focused on technological and strategic dependence on Tel Aviv and the impact on Greece's position in the Middle East. (News website...)

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Ynet News broke the news in Tel Aviv-Yafo, Israel on Friday, August 28, 2026.
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