Israel, Greece seal €3B ‘Achilles Shield’ defense deal
Israel and Greece have signed a €3 billion defense agreement dubbed 'Achilles Shield' to develop a multilayered air-defense network. The deal integrates various Israeli-made interceptors and radar systems into a unified command structure for the Greek military.
Why it matters
This deal marks a significant expansion of defense cooperation between Israel and an EU member state, reflecting broader geopolitical shifts in regional security.
The package will cover ballistic missiles, aircraft and drones.
Copy Link Copied Share via email Share on X Share on WhatsApp Share on LinkedIn Free article usually reserved for subscribers Greek military Apache helicopters fly over the Parthenon and the Acropolis. | Theophile Bloudanis/AFP via Getty Images August 31, 2026 12:18 pm CET By Milena Wälde Israel agreed to build a multilayered air-defense network for Greece in a new €3 billion defense deal published on Monday.
“This is the largest defense export deal in the history of Israel-Greece relations, and one of the largest in the history of the State of Israel,” Israel’s Defense Ministry wrote in a statement .
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in