Israel and Greece officially sign record $1.65 billion defence deal

·

Israel and Greece have signed their biggest ever defence procurement deal, which Israel said on Sunday would strengthen political and economic ties between the countries. The two countries’ air forces also launched a joint exercise.

The agreement includes a $1.65 billion contract for the establishment and operation of a training centre for the Hellenic Air Force by Israeli defence contractor Elbit Systems over a 22-year period, Israel’s defence ministry said.

The training centre will be modelled on Israel’s own flight academy and will be equipped with 10 M-346 training aircraft produced by Italy’s Leonardo, the ministry said.

READ MORE: Foreign Ministers of Greece, Cyprus, Israel and the UAE, meet to shake narrative of Middle East.

Elbit will supply kits to upgrade and operate Greece’s T-6 aircraft and also provide training, simulators and logistical support.

“I am certain that (this programme) will upgrade the capabilities and strengthen the economies of Israel and Greece and thus the partnership between our two countries will deepen on the defence, economic and political levels,” said Israeli Defence Minister Benny Gantz.

READ MORE: Israel, Greece, Cyprus hold naval drill as they deepen ties.

The announcement follows a meeting in Cyprus on Friday between the UAE, Greek, Cypriot and Israeli foreign ministers, who agreed to deepen cooperation.

The announcement follows a meeting in Cyprus on Friday between the UAE, Greek, Cypriot and Israeli foreign ministers.

It is also a direct follow up of a security agreement reached by Greece and Israel in January to establish a flight training center and provide training aircraft to the Hellenic Air Force.   

The Israeli and Greek air forces on Sunday launched a joint exercise in Greece, the Israeli military said.

In at least one past exercise over Greece, Israeli fighter planes practised against an S-300 posted on Crete. The Russian-made air defence system is also deployed in Syria and Iran, Israel’s foes.

A source in the Hellenic National Defence Command said the S-300 had not been activated in the joint exercise that began Sunday.

Source: Reuters.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Madison Stefanis’ journey to building a multi-million dollar business

At just 23, Madison Stefanis has transformed her passion for vintage cameras into a thriving $4 million business.

Tahlia Kokkinis secures place in the Australian Open girls’ singles quarterfinals

Young tennis sensation Thalia Kokkinis has prevailed in the Australian Open girls' singles third round against the UK's Brooke Anna Black.

Greek Australians named among the most influential people of the past six decades

The Australian has named 60 individuals who have significantly shaped Australian life over the past six decades.

Evangelia Stivactas inspires young women to get fit with free group tennis sessions

Are you a young woman in Sydney who’s looking to make new friends, stay fit and get healthy mentally and physically?

New Greek restaurant Astoria Bar Kè Grill opens in South Yarra

South Yarra has welcomed a new addition with the opening of Astoria Bar Kè Grill, offering traditional dishes with a modern twist.

You May Also Like

Top 7 little-known facts about the Athenian Democracy

Paying zero taxes and owning slaves were just two facets of Athenian life in the 5th-4th century BC. Here are the top seven facts about ancient Athenian democracy you might not know.

Pan-Macedonian Association of NSW celebrates 40th Dimitria Festival

Pan-Macedonian Association of New South Wales celebrated the 40th anniversary of the Dimitria Festival with a dinner dance on October 28.

Holy Saturday Hymn dedicated to the Burial of Christ

Holy Saturday is the last day of Holy Week and Lent. This day is dedicated to the Burial and Descent of Christ into Hades.