Overview
- Greece and Israel formally signed the Achilles Shield contract on Monday, Aug. 31, establishing a roughly €3 billion government-to-government programme to build a multi-layer air and missile defence network for Greece.
- The package commits Israel to supply David’s Sling, SPYDER and BARAK MX interceptors, MMR multi-mission radars and a Rafael-developed national command-and-control system to link sensors and shooters into a single network.
- A supplementary €26 million agreement will provide Rafael’s Drone Dome counter‑UAV systems to protect strategic sites from hostile drones.
- Greece says 19 local firms will take part and that roughly €700–€750 million of work will go to Greek industry, with deliveries staged and full operational capability expected within about 35 months after contracts take effect.
- The deal is a centerpiece of Athens’ wider €28 billion military modernisation to 2036, it integrates Israeli systems with existing platforms such as U.S. Patriots, and it strengthens Israel’s defence export position while reshaping regional deterrence dynamics.