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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

‘This is who I am’: Rockhampton barber Jimmy Kondilis turns 90 still cutting hair

At 90 years old, Jimmy Kondilis still opens his Rockhampton barber shop six days a week, reflecting on a remarkable migrant journey.

Cyprus Community of SA’s Ladies Auxiliary hosts celebratory afternoon tea in Adelaide

The Ladies Auxiliary of the Cyprus Community, led by President Mrs Thekla Petrou, marked International Women’s Day with an afternoon tea.

Exhibition at NSW Parliament honours 200 years since Messolonghi Exodus

Guests, dignitaries and community leaders gathered at NSW Parliament on Tuesday evening for the official opening of 'Ode to Freedom.'

Synapantema 2026 in Sydney hailed as a success of culture, dance and community

The Federation of Pontian Associations of Australia brought together Pontian communities from across the country for Synapantema 2026.

Greek military officials arrive in Australia for 85th Battle of Crete anniversary events

A high-level delegation from the Hellenic National Defence General Staff has begun its Australian commemorative tour for the Battle of Crete.

You May Also Like

Greece, Egypt agree to establish high-level cooperation council

Greece and Egypt have agreed to establish a high-level cooperation council comprising several members of Cabinet.

Greek Community of Melbourne hosts defibrillator training seminar

The Greek Community of Melbourne (GCM) held a defibrillator training seminar at the Greek Centre for the priests of the GCM churches.

‘Unforgettable’: Greek Australians share how it felt to return to Greece for summer camp

Greek youth from across Australia have returned from the inaugural Greek Summer Camp in Thessaloniki, Greece.