Greece is in discussions with Israel to develop a €2 billion (approximately $2.11 billion) air and missile defense system as part of efforts to modernize its armed forces, Greek officials announced on Thursday.
The defense system is expected to incorporate technology based on Israel’s Iron Dome and other advanced systems that intercept both short- and long-range rockets during conflicts with neighboring regions, including Gaza and Lebanon.
“The plan is to create a multi-layered anti-aircraft and anti-drone system,” a source familiar with the matter told Reuters following a closed-door briefing with Greek Defence Minister Nikos Dendias. “We are in talks with Israel,” the source added.
A second official confirmed the projected value of the potential agreement, highlighting that Greece aims to allocate €12.8 billion by 2035 to update its military capabilities.
The development of these air defense systems forms part of Athens’ 10-year military procurement plan, which also includes acquiring approximately 40 new F-35 fighter jets and drones from the United States, as well as four Belharra frigates and Rafale jets from France.
“Our efforts are aimed at the rapid transition of our armed forces into the 21st century,” said Defence Minister Dendias ahead of Thursday’s briefing.
Currently, Greece relies on U.S. Patriot missile systems and older Russian S-300 systems to safeguard its airspace.
