Israel-Greece ink $3.5B deal for 'multitiered' air defense shield 31.08.2026

Israel announced on Monday the signing of a landmark $3.5 billion agreement to supply and construct a comprehensive air defense system for Greece, named the "Achilles Shield." The Israeli Defense Ministry confirmed that this is the largest defense export deal in the history of Israel-Greece relations and one of the largest for Israel. The system will integrate multiple Israeli-made components, including David's Sling and SPYDER from Rafael, and the BARAK MX system from Israel Aerospace Industries, creating a multi-layered shield against a wide range of aerial threats.

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