Israel to sign $3.6bn defence deal with Greece, its largest ever

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Israel is set to sign a $3.6 billion defense deal with Greece, providing Athens with advanced air defense systems. This will be Israel's largest defense export deal, involving Rafael Advanced Defense Systems and Israel Aerospace Industries.

Israel to sign $3.6bn defence deal with Greece, its largest ever Greece is set to sign a $3.6 billion defence deal with Israel on Monday in Tel Aviv, which will provide Athens with an air defence system. The project, known in Greece as “Achilles Shield”, will become the largest defence export deal in Israel's history, according to Jerusalem Post. Most of the funds will go to Rafael Advanced Defense Systems, which will supply Greece with David's Sling systems designed to intercept heavy rockets and ballistic missiles, as well as mobile SPYDER systems designed to counter unmanned aerial vehicles and drones, the report said. Israel Aerospace Industries will provide the Barak MX system, which is designed to defend against aircraft and missiles.