Greece signs $3.5bn air defence deal with Israel
Summary
Greece has signed a $3.5 billion deal with Israel to create its first combined air defence system using three Israeli missile technologies. The deal aims to protect Greece against various aerial threats and reflects changes in military needs after recent conflicts like the war in Ukraine.Key Facts
- Greece agreed to a $3.5 billion air defence deal with Israel after three years of talks.
- The system includes SPYDER, BARAK MX, and David’s Sling air defence missile technologies from Israeli companies.
- These systems can intercept enemy aircraft, drones, cruise missiles, and ballistic missiles.
- Greece also bought a $30 million Drone Dome system to protect key sites from drones and unmanned aerial vehicles (UAVs).
- Israel’s weapons exports reached over $19 billion last year, a 30% increase from the previous year.
- Greece is the second EU country, after Finland, to buy the David’s Sling system.
- The deal responds to security concerns linked to the war in Ukraine and regional threats from countries east of Greece.
- Greece spends about 3.5% of its GDP on defence, more than many NATO members, partly due to tensions with neighbouring Turkey.
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