Greece-Israel relations stories

Aug 31, 2026

Israel and Greece sign $3.5 billion Achilles Shield air defense deal

Israel and Greece signed a €3 billion ($3.5 billion) defense agreement under which Israel will build a multi-layered air defense system for Greece. The deal, named Achilles Shield, represents the largest weapons agreement between the two Mediterranean countries.

Aug 31, 20264 sources

Top claims

▪Previous defense agreements between Israel and Greece include a $1.65 billion contract with Elbit Systems to build a flight training school in southern Greece, alongside planned sales of rocket launchers and drones.
▪Israel and Greece have deepened their defense alliance over the past decade to address shared regional challenges and counter actors seeking to expand influence in the Mediterranean.
▪Israel and Greece signed a 3 billion euro (about $3.5 billion) defense deal on August 31, 2026, for Israel to build a multi-layered air defense system named Achilles Shield for Greece.

Subtopics

Arms trade & proliferation Air defense systems Defense & military alliances

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