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

Cyprus Diaspora Forum 2026 sets a new global benchmark for Cyprus

In a landmark four-day gathering that has firmly established itself as the premier and only event of its kind offering a truly comprehensive.

Brisbane hosts dinner dance marking 85th anniversary of the Battle of Crete

More than 250 guests gathered at Mansfield Tavern in Brisbane for a Dinner Dance commemorating the 85th Anniversary of the Battle of Crete.

Quiz for a cause: Canberra trivia night to back Greek language education

Canberra’s Greek community is set to come together for a night of trivia, laughter and fundraising in support of St Nicholas Greek School.

Cult drink Voir born from a young man’s lockdown obsession and Mykonos dreams

As another Australian winter rolls in, Greek Australians dream of summer: salt-crusted skin, music thumping through beach bars until dawn.

Perth leads nation with proposed European Chamber Alliance after Europe Day Dinner

The HACCI WA was proud to host the inaugural European Australian Chambers’ Dinner in Perth on Saturday evening.

You May Also Like

Athens responds to Erdogan’s threats over the Aegean islands

Whilst observing military exercises in Izmir, Erdogan called Greece to “avoid dreams, acts and statements that will result in regret.” 

Remembering Nicholas Fotiou: Owner of Sydney’s Olympia Milk Bar

Nicholas Fotiou, owner of the beloved Olympia milk bar in Sydney's Inner West, was laid to rest on Friday after his death at the age of 86.

Athens Chamber of Commerce and Industry host ‘Discover Australia and NZ’ event

The "Discover Australia and New Zealand" event by the Athens Chamber of Commerce and Industry (ACCI) was held on Tuesday 5 March 2024.