News

Greece to buy €3.5 billion air defence system from Israel

Cyprus Mail · 2026-07-23

AI SUMMARY

• What happened: Greece's security council, KYSEA, is set to approve the purchase of a €3.5 billion air defence system from Israel, along with several types of drones. • Why it matters: This acquisition is part of Greece's broader strategy to modernize its military capabilities amid ongoing tensions with Turkey, reflecting a significant increase in defense spending. • What to watch next: The final approval of the procurement contracts and the subsequent impact on Greece's defense strategy and regional relations, particularly with Turkey, will be closely observed.

**Greece to Acquire €3.5 Billion Air Defence System from Israel**

Greece is poised to enhance its military capabilities with the anticipated approval of a significant air defence procurement from Israel. The country’s security council, known as KYSEA, is expected to finalize the purchase of a multi-layer air defence system valued at up to €3.5 billion (approximately $4 billion) on Thursday. This decision follows an initial approval granted earlier this year.

The new air defence system, referred to as the "Achilles Shield," aims to bolster Greece's capabilities against a range of aerial threats, including ballistic missiles, aircraft, and drones. The system will integrate advanced technologies, with Israeli radars and missiles from leading defense manufacturers Rafael and Israel Aerospace Industries (IAI) forming its core components.

In addition to the air defence system, Greece is also set to procure several types of drones from both the United States and Israel. This move reflects the Greek government's broader strategy to modernize its armed forces, with plans to invest approximately €28 billion by 2036. This modernization effort includes the potential acquisition of up to 40 new F-35 fighter jets from the U.S. and frigates from France and Italy.

Greece's defense spending currently stands at nearly 3.5% of its gross domestic product (GDP), a figure that exceeds the defense expenditures of many other NATO member states. This elevated spending level is largely attributed to the ongoing tensions and disputes with neighboring Turkey, prompting Greece to prioritize its military readiness.

The strong economic and diplomatic relationship between Greece and Israel has facilitated extensive military cooperation between the two nations. Greece hosts an air training center on its territory, conducts joint military exercises annually, and collaborates on anti-drone systems and cybersecurity initiatives. This partnership has been further solidified by Greece's previous defense procurement decisions, including the approval last year of 36 Israeli-made rocket artillery systems for approximately €650 million.

As Greece prepares to enhance its air defence capabilities, the country continues to rely on existing systems, including U.S.-made Patriot missiles and older Russian S-300 systems, to safeguard its airspace. The forthcoming acquisition of the "Achilles Shield" is expected to significantly modernize and strengthen Greece's defense infrastructure, positioning it to better address contemporary security challenges in the region.

The anticipated approval of these defense contracts underscores Greece's commitment to maintaining a robust military posture in light of regional tensions and evolving threats. As the situation develops, the implications of this procurement for Greece's defense strategy and its relations with neighboring countries, particularly Turkey, will be closely monitored.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

UK PM Burnham to cut business rates for pubs, clubs and music venues

• What happened: UK Prime Minister Andy Burnham announced a 20% reduction in business rates for pubs, clubs, and live music venues starting in April, aiming to ...

News

Geosfire brings round-the-clock satellite fire detection to Cyprus

• What happened: The Geosfire project, a satellite-based wildfire detection system utilizing machine learning, was presented in Limassol, Cyprus, aiming to prov...

News

Crackdown on illegal caravans along Larnaca coastline continues

• What happened: Authorities in Larnaca conducted a second operation to remove illegal caravans and makeshift structures from the coastline, dismantling three c...

News

TechIsland closes funding gap for 45 community fire engines, says minister

• What happened: TechIsland has committed €450,000 to provide 45 communities in Cyprus with small fire engines at no cost, enhancing local fire response capabil...

News

Southeast Asia hosts security gathering amid Middle East turmoil

• What happened: Top diplomats from Asia, Europe, and North America convened for the ASEAN Regional Forum in the Philippines to discuss escalating tensions in t...

News

Beckham ‘proud’ after Miami sign Casemiro despite probe

• What happened: Inter Miami signed Brazilian midfielder Casemiro, but Major League Soccer (MLS) is reviewing tampering allegations related to the signing. • ...