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

Cyprus Community of SA honours Thekla Petrou for 50 years of service

The Cyprus Community of SA has honoured founding Ladies Auxiliary president Thekla Petrou for 50 years of dedicated service.

Community rallies to stop Coburg development threatening Greek Orthodox church

Coburg’s community is rallying to protect its Orthodox Church, warning that the proposed high-rise development would undermine a vital hub.

How the historic inheritance law overhaul in Greece is set to benefit Greeks abroad

Greece is moving ahead with the largest overhaul of its inheritance framework since 1946, following the presentation of a new draft bill.

Australian Hellenic Medical Charity raises over $100,000 for Kalymnos Hospital

On the evening of November 28, the Australian Hellenic Medical Charity Incorporated (AHMCI) held its annual gala.

Sydney student Anasta Andreou recognised for leadership in sustainability

St Euphemia College proudly celebrates Sustainability Prefect Anasta Andreou, who has been honoured for his Design & Technology project.

You May Also Like

The Greek women with masculinised surnames

In an opinion piece for The Greek Herald, Mary Sinanidis write about Greek women with masculinised surnames.

Tributes flow for famed composer Mikis Theodorakis

Greece is in three days of national mourning for the composer best known for the catchy bouzouki music of 1964 film Zorba the Greek.

US plans to mediate tensions between Greece and Turkey, Pompeo says

US Secretary of State, Mike Pompeo, said the US has plans for a "diplomatic initiative" to diffuse tension between Greece and Turkey. While Pompeo was...