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70GEOPOLITICS

Israel and Greece sign largest-ever bilateral defense deal worth $3.5 billion

⚡ Markets: The deal is a major win for Israel's defense industry, particularly for companies involved in air defense systems like Rafael and IAI. It signals a strategic alignment in the Eastern Mediterranean with potential implications for regional energy projects and security.Elbit SystemsIAI (state-owned)

Israel and Greece have finalized a $3.5 billion defense agreement, the largest in their history. The deal, named 'Achilles Shield', will provide Greece with a comprehensive Israeli-made air defense system. The agreement marks a significant deepening of security ties between the two Mediterranean nations.

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