Israel and Greece sign a defence deal worth about €3 billion (about $3.5 billion) to supply and build a “multi-layered” air-defence system for Greece. Sources quoted by Reuters and statements from Israel’s defence ministry describe the agreement as a major export and a key component of Greece’s wider military modernisation efforts.

Several outlets, including Reuters reporting relayed by others, say Greece’s security council gave initial approval before signing on Monday. Israel’s defence ministry also states the deal involves Israel providing advanced short-, medium- and long-range capabilities. Bloomberg and Deutsche Welle similarly describe the system as air defence, delivered through a multi-layered approach. India Today and Euronews reference the “Achilles Shield” branding used in the Greek context, while Reuters-linked reporting adds that a supplementary agreement of €26 million covers additional drone defence (“drone dome”) systems.

Overall, the differences mainly concern branding and the inclusion of supplementary components, but all sources align on the core facts: the date, parties, approximate value, and that Israel will build a multi-layer air-defence system for Greece.