Monday, 31/08/2026   
   Beirut 15:41

‘Israel’ Signs 3 Billion Euros Arms Export Deal with Greece

Israeli Defense Ministry Director General Amir Baram (left) and his Greek counterpart, Ioannis Bouras, sign a sale of Israeli systems to Greece (August 31, 2026).

‘Israel’ and Greece signed on Monday a massive €3 billion deal, under which the Zionist entity will build Greece a multi-tiered air defense array.

The “Achilles Shield” agreement will see ‘Israel’ export several systems, including David’s Sling and SPYDER, manufactured by Rafael; and BARAK MX, manufactured by Israel Aerospace Industries, according to the Israeli Defense Ministry.

The ministry said it 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 also marks the first time that ‘Israel’ will supply a country with a “complete defense array against a wide range of threats,” including ballistic missiles and drones.

The deal was signed Monday at the Israeli ministry headquarters in Tel Aviv by Defense Ministry Director General Amir Baram and his Greek counterpart, Ioannis Bouras.

“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, as cited by Israeli media.

The statement said that a supplementary deal, valued at €26 million, was also signed for the sale of Rafael’s Drone Dome systems.

Additionally, the ministry said ‘Israel’ will “expand industrial defense cooperation with Greece, including the transfer of knowledge and technology to the local industry.”

Source: Agencies