Israel and Greece sign a €3 billion (about $3.5 billion) defence export agreement under which Israel will build a multi-layer air-defence system for Greece. The deal is described as one of Israel’s largest-ever defence exports to Greece and is tied to Greece’s broader military modernisation efforts.
Multiple outlets report the system is branded as “Achilles Shield” (or referred to alongside that name). According to Reuters-based reporting carried by several outlets, Greece’s security council gives initial approval ahead of the signing, and the agreement is finalised on Monday. Reuters also reports a possible supplementary component for drone defence, including the sale of “drone dome” systems.
Coverage also links the timing and strategic backdrop to regional security pressures involving Turkey. Some outlets emphasise this wider context, noting both Israel and Greece navigate tense relations with Turkey, while others focus more narrowly on the procurement details, the system’s multi-layer design, and the size of the contract. Israel’s defence ministry statements, cited across outlets, frame the deal as part of major armed-forces reform in Greece’s history.
