TEL AVIV, 1 September 2026 (TON): Israel signed a multi-billion-dollar weapons deal with Greece. Israel’s Defence Ministry confirmed that the nearly 3 billion Euro ($3.5 billion) defence export deal, coined Achilles Shield, is one of the country’s largest and includes a multilayered air defence system for Greece using Israeli technology.
The agreement comes as Israeli weapons exports have reached record highs with more than $19 billion last year, a 30 per cent increase from 2024, according to official data, despite widespread criticism of Israel’s conduct in its wars in Gaza, with Hezbollah and with Iran. Experts say Governments look to Israel because its weapons are battle-tested and they’re able to see in real time that the munitions and systems work.
It includes multiple Israeli systems such as David Sling and SPYDER as well as a new national command and control system. In addition to the agreement, a complementary deal valued at $30 million (26 million Euros) was signed for the sale of Rafael’s Drone Dome systems.