Greece Approves Multi-Billion Dollar 'Achilles Shield' Israeli Air Defense Package

Greece's Governmental Council for Foreign Affairs and Defense (KYSEA) has approved the purchase of the 'Achilles Shield' integrated air defense system from Israel, valued between 2.8 billion euros ($3.1 billion) and 3.5 billion euros ($4 billion). Powered by technology from Rafael and Israel Aerospace Industries—including SPYDER, David's Sling, and Barak MX—the multi-layered dome is designed to counter ballistic, missile, aircraft, and drone threats. Expected to be operational within 35 months, the acquisition forms part of a broader 4.2 billion euro defense package that includes Brazilian C-390 transport planes, Israeli Heron UAVs, US V-BAT drones, and British Victa special forces watercraft. The investment aligns with Greece's broader 12-year military modernization strategy driven by regional tensions with Turkey.

// Background

Due to ongoing historic tensions with Turkey, Greece spends 3% to 3.5% of its GDP on defense, among the highest proportions in NATO. Prime Minister Mitsotakis announced a 12-year, 25-to-28 billion euro modernization initiative running through 2036. Prior investments in this overhaul include French Belharra frigates and Rafale jets, US F-35 fighter jet purchase agreements, and Israeli rocket artillery systems.

// Key Developments

• Greece approved a $3.1B to $4B deal with Israel to acquire the Achilles Shield integrated defense system.
• The system utilizes Israeli technology from Rafael and Israel Aerospace Industries, including SPYDER, David's Sling, and Barak MX.
• Greek defense contractors will handle at least 25 percent (700 million euros) of the Achilles Shield project locally.
• The air defense network is scheduled to become fully operational within 35 months.
• Part of a wider 4.2 billion euro defense spending package including C-390 aircraft, Heron UAVs, V-BAT drones, and Victa mini-submarines.