Greece signed a deal on Monday to buy missiles from Israeli arms maker Elbit Systems, turning to a close security partner to bolster its air defenses.
According to a Greek source with knowledge of the deal, the contract signed on Monday envisages the purchase of Elbi’s Precision & Universal Launch System (PULS) worth around 690 million euros.
Quoted in a Greek government statement, Israeli Defense Minister Israel Katz said the agreement “reflects the deepening of the strategic security partnership between Israel and Greece and the deep confidence in Israel’s defense establishment capabilities.”
In 2024, Greece announced a plan to spend 26 billion euros by 2036 to modernize its armed forces, including replacing already outdated air defense systems with updated versions.
Under conservative Prime Minister Kyriakos Mitsotakis, Athens has increased its cooperation with Israel on defense issues, with both sides finding common ground on their shared tensions with Turkey.
(sma)
