
Greece and Israel Finalize $3.5 Billion 'Achilles Shield' Air Defense Pact
Israel and Greece signed a €3 billion ($3.5 billion) defense agreement on August 31, 2026, for a multi-layered air defense system known as the 'Achilles Shield.' The deal, Israel's largest export ever, includes David's Sling, SPYDER, and Barak MX systems, plus an AI-enabled command center. Greece aims for full operational readiness within 35 months as part of a broader €28 billion military modernization program through 2036.









