3 articles · Updated · The Jerusalem Post · Aug 31
Summary
Over NIS 10 billion ($3.48 billion) will fund a multilayered Israeli-built air-defense network for Greece, making it the largest defense export deal in Israel’s history.
Rafael will supply David’s Sling and mobile SPYDER systems, while Israel Aerospace Industries will provide Barak MX to counter ballistic missiles, aircraft, drones and heavy rockets.
A separate 26 million-euro agreement adds drone dome systems, and the package includes an AI-enabled national command-and-control center modeled on Israel’s own network.
About €700 million is expected to go to Greek subcontractors, while SPYDER batteries will be deployed on Greek islands under the three-year-negotiated project known in Greece as Achilles Shield.
The deal is aimed at strengthening Greece’s defenses against threats from Turkey and Iran, edging past Israel’s previous record export sale—the $3.5 billion Arrow 3 agreement with Germany signed in 2023.