The Aporia
The Straits Times. (2026, August 31). Israel signs $3.5 billion air defence deal with Greece. The Straits Times. https://www.straitstimes.com/world/europe/israel-signs-3-5-billion-air-defence-deal-with-greece
The Straits Times. “Israel signs $3.5 billion air defence deal with Greece.” The Straits Times, 31 Aug. 2026, https://www.straitstimes.com/world/europe/israel-signs-3-5-billion-air-defence-deal-with-greece.
The Straits Times. “Israel signs $3.5 billion air defence deal with Greece.” The Straits Times, August 31, 2026. https://www.straitstimes.com/world/europe/israel-signs-3-5-billion-air-defence-deal-with-greece.
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Israel and Greece have signed a massive defense deal worth $3.5 billion, known as the "Achilles Shield", which is one of Israel's largest defense exports in history. The agreement includes the supply of advanced air defense systems, including the David's Sling system, which was used by Israel to intercept Iranian missiles during its recent conflict with Iran. This deal comes as Greece is modernizing its armed forces to counter growing tensions with neighboring Turkey, a fellow NATO member. The deal marks a significant milestone in Israeli-Greek relations and reflects Israel's increasing presence as a major player in the global defense industry. According to a recent report by the Stockholm International Peace Research Institute, Israel has surpassed the UK as the world's seventh-largest supplier of arms exports, with $19 billion worth of weapons exported so far this year.