Tuesday, 02 January 2024 12:17 GMT

Greece Advances Toward Israeli Air Defense Agreement


(MENAFN) Greece is preparing to sign a $3.6 billion agreement with Israel on Monday to acquire three advanced air defense systems, according to reports.

A Greek delegation is expected to finalize the agreement with Israel’s Defense Ministry in Tel Aviv after negotiations lasting nearly three years.

The planned purchase includes the David’s Sling, Spyder and Barak MX systems, which are expected to become key components of Greece’s proposed multi-layered Achilles Shield air defense network.

Rafael is set to secure the largest portion of the contract by providing David’s Sling, which is designed to deal with ballistic and other heavy missile threats, along with the mobile Spyder system, which can counter drones and other airborne targets.

Israel Aerospace Industries is expected to supply the Barak MX, an air defense system capable of intercepting aircraft and various types of missiles.

The project also involves establishing a nationwide command-and-control network that will connect the different systems and coordinate interception operations.

Artificial intelligence is expected to play a role in the network by analyzing data gathered from radars and sensors, identifying threats and determining which defense system should respond.

Spyder batteries are expected to be positioned on Greek islands, while domestic defense companies in Greece are projected to receive approximately €700 million ($820 million) worth of work through the broader project.

MENAFN03092026000045017640ID1111615518



MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story