Greece Finalizes Three Point Five Billion Dollar Air Defence Agreement With Israel

Athens has secured a $3.5 billion agreement to build its first multi-layered air defence system by 2029.

Al Jazeera·Aug 31, 2026·14 views
Greece Finalizes Three Point Five Billion Dollar Air Defence Agreement With Israel

Greece has entered into a financial agreement with Israel. The total value of the contract stands at $3.5 billion. The transaction covers the procurement of air defence technology.

The agreement will establish a multi-layered network for the country. This system will integrate multiple defensive capabilities. It represents the first time Greece will operate such a setup.

Implementation will follow a defined timeline. The complete network is scheduled to be operational by 2029.

Source: Al Jazeera

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