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Israel signs record-breaking defense deal with Greece

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Israel has secured a historic milestone in its defense export history by signing a record-breaking agreement with Greece valued at approximately $3.6 billion. This deal, known as the Achilles Shield, surpasses the previous largest single Israeli arms export to Germany from 2023 and includes advanced weaponry such as the David Sling surface-to-air missile system, the Spider radar system, and the Barak MX air defense system. In addition to these major components, the contract encompasses smaller purchases for drone and radar technologies along with a new command and control system, marking a significant expansion of military cooperation between the two nations. The strategic importance of this partnership extends beyond simple arms sales, as it addresses immediate security concerns for Greece while providing Israel with a valuable ally in the region. Greece is seeking protection against rising tensions in the Middle East, particularly after Iranian missiles struck a British base in Cyprus during recent conflicts, placing Athens within the Iranian firing zone. Furthermore, Greece faces ongoing threats from Turkey regarding the recognition of Cyprus and several Eastern Mediterranean islands, making the acquisition of proven Israeli defense systems crucial for its national security strategy. For Israel, this agreement offers a vital counterbalance to growing hostility and anti-Israel rhetoric, especially as Turkey is perceived as a common adversary alongside other regional powers. The deal strengthens a trilateral alliance involving Israel, Greece, and Cyprus that focuses on energy and security, allowing Jerusalem to align more closely with European Union nations like Athens. By forging this bond, Israel creates a robust coalition that can appeal to both the EU and the United States should the geopolitical situation in the Eastern Mediterranean require urgent international intervention or support. Security analysts emphasize that this collaboration represents a mutual benefit where Greece looks westward for defense solutions while Israel seeks to solidify its ties with neighbors facing similar threats. The relationship is built on geographical proximity and shared security interests, transforming what could be isolated vulnerabilities into a collective strength against regional instability. As tensions continue to escalate in the area, this historic deal serves as a powerful message to Europe and specifically to Turkey, demonstrating that Israel remains a reliable partner capable of delivering effective defense systems when they are needed most.
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It's the largest single arms export deal in Israeli history. Greece has bought over $3 billion worth of Israeli defense tech. Now, while the main aim is to protect Athens, the deal is of strategic importance to both countries and sends a message to Europe and specifically to Turkey. As our Joe Brown explains in this report, >> a record-breaking deal with huge geopolitical implications. Worth approximately $3.6 billion, the arms deal signed between Israel and Greece is the largest single Israeli exports agreement, eclipsing the $3.5 billion deal between Israel and Germany from 2023. Known as Achilles shield, the deal will include the surfaceto-air missile system David Sling and Spider from Raphael as well as Barack MX from Israel Aerospace Industries. It also includes smaller deals for drone and radar systems and a new command and control system. Israel and Greece have a close relationship due to their geographical proximity with the two countries and Cyprus having a trilateral alliance focusing on energy and security in the region. The Greeks are also fearful over rising tensions in the Middle East. Iranian missiles struck a British base in Cyprus during the most recent conflict, meaning Athens is facing the knowledge that they are in the Iranian firing zone. And both Greece and Israel have their eye on Turkey. Greece faces a threat from Turkey over recognition of Cyprus and several islands in the Eastern Mediterranean. While Israel is concerned about their growing influence and anti-Israel rhetoric, the signing of the Mecca Defense Pact with Saudi Arabia and Pakistan gives this group one common adversary, Israel. And with Jerusalem looking westward to align with the European Union nation, they are creating an alliance that can appeal to the EU and the US if the situation ever calls for it. So for more, it's a pleasure to welcome to studio security analyst Jonathan Rev and our senior Middle East correspondent Ariel Osaran. Gentlemen, thank you both so much. Jonathan, I want to come to you on this story. The largest defense export deal in Israel's history over and above the strategic significance of a deal like this. Talk to us about the significance of Israel helping Greece and the kind of threats that Greece could be facing down the line. >> I think it's very clear where where Greece is looking. Greece is looking at Turkey. That's that's the the threat that it is facing and it's a mutual threat. We we've spoken a lot over the past two weeks of the the uh the very uh very tense relations between Israel and Turkey. And there's there are also tensions, maybe not as big, but there are also tensions between Greece and and Turkey. And therefore, Greece is looking for a for a defense system. And unfortunately, we can say defense systems that have already been proven as effective. Israel has used them again and again and again. And these systems have been proven as successful. And therefore, this is something that Greece wants. As far as Israel, Israel needs an ally in in the region with so many threats all around the all all around the area which only seem to be growing and growing. Now, we're speaking of Turkey not only as a hostile country, but actually as a threat. Israel is is fermenting ties with with Greece, possibly with Cyprus as well, not not a part of this deal, but also a part of the strategic partnership. Therefore, it is something that is very important for both countries.