Israel’s Defence Ministry announced on Monday the agreement to sell Spike anti-tank missiles to Greece in a deal valued at around $400 million, according to Ekathimerini.
The Spike is a guided anti-tank missile used by many European Union and NATO countries produced by Israeli state-owned defence contractor Rafael.
CEO of Rafael, Yoav Har-Even, said the Spike missiles “will strengthen the Greek army’s portfolio of operational tools and we expect further expansion through strategic collaborations in the near future.”
Israel’s Defence Minister, Yoav Gallad, added that the agreement reinforces ties between the countries.
“This project adds to a series of agreements between the State of Israel and the Hellenic Republic and further emphasises the strong cooperation between our two countries and our defence, as well as our shared commitment to ensuring stability in the region,” Gollad said.
Last week Israel and Rafael said they would provide the advanced air-defense system David’s Sling to Finland, after it officially joined the North Atlantic Treaty Organization on April 4.
Finland will receive the defence system designed to intercept ballistic and cruise missiles in a $345 million deal. It still requires approval from the United States, which is involved in the system’s development.
Source: Ekathimerini.
