Greece Invests $4 Billion in Israeli Air Defense System: A Strategic Military Upgrade!

July 27, 2026

Greece to buy $4 billion air defense system from Israel

Greece Enhances Its Defense Capabilities with New Acquisitions

ATHENS — Greece has sanctioned a significant defense procurement, including a sophisticated air defense system from Israel valued at approximately €3.5 billion ($4 billion), various drone models, and Embraer’s C-390 military transport planes, as announced by the defense minister on Thursday.

The nation’s security council, KYSEA, initially greenlit these acquisitions earlier in the year and confirmed the procurement agreements on Thursday, according to what Nikos Dendias informed reporters.

Greece is setting up a comprehensive defense system named “Achilles Shield,” which will incorporate multi-layer capabilities against ballistic and aerial threats, including drones. The system will integrate Israeli technology, specifically radars and missiles supplied by Rafael and IAI defense firms.

“The system will be fully operational in 35 months from now,” Nikos Dendias stated, adding that Greek companies will be responsible for manufacturing at least 25% of the components.

With an existing arsenal that includes U.S. Patriot and older Russian S-300 systems, Greece is embarking on an extensive modernization of its military forces, planning to invest around €28 billion by 2036.

This modernization plan includes the acquisition of up to 40 new F-35 fighter jets from the United States and frigates from both France and Italy.

Furthermore, Dendias revealed that KYSEA approved not just the purchase of three C-390 military transport aircraft, but also 10 VICTA mini-submarines built in Britain for special operations, U.S.-made V-BAT unmanned aerial vehicles (UAVs), and Heron UAVs from Israel.

Greece allocates nearly 3.5% of its GDP to defense spending, which is among the highest ratios within NATO members, largely due to its historical tensions with Turkey.

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The country also boasts strong economic and diplomatic relations with Israel, featuring collaborative efforts such as an air training center located in Greece, annual joint military exercises, and partnerships in anti-drone technologies and cybersecurity.

Just last year, Greece enhanced its military capabilities by acquiring 36 rocket artillery systems from Israel for around €650 million.

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