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

How a younger generation is rewriting dowries with threads of rebellion

The Dowry Project invites women to take something deeply traditional, the Greek proika, or glory box, and reinterpret it for today.

Dr Nick Dallas to present rare Tashkent archive research on the Greek Civil War

Dr Nick Dallas will present new research from the Tashkent archives in a lecture on the fate of Greek Civil War fighters exiled after 1949.

Greek Consulate in Sydney hosts seminar on citizenship and passport processes

The Consulate General of Greece in Sydney launched an information campaign on consular matters by organising a seminar on Friday.

Sydney Olympic FC postpones Annual General Meeting to April

Sydney Olympic FC has announced a change to the date of its upcoming Annual General Meeting, pushing the meeting back by nearly a month.

St Spyridon Soccer Club awards Life Membership to founder Father Steven Scoutas

Father Steven Scoutas, the founding figure behind the St Spyridon Soccer Club, has been honoured as a Life Member.

You May Also Like

Greek community gathers in Sydney’s inner west for Christmas carols and dancing festival

Sydney's Greek community gathered at St Nicholas Greek Orthodox Church in Marrickville on Sunday for Christmas carols and Greek dancing.

SA Premier announces proposed $200,000 funding increase for Semaphore Greek Festival

A proposed increase in state government funding for the Semaphore Greek Festival was announced on Saturday, January 17.

Greece loans statue to Italy in exchange for Parthenon gesture

Greece has lent Italy a statue of the goddess Athena in return for Italy's loan to the Acropolis Museum of a Parthenon Marbles fragment.