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Greece to sign $3.6b. Israeli air defense deal, creating 'Achilles Shield' against Turkey and Iran

The project will combine Israeli and Greek systems with AI-powered command software and source-code access, while Greek companies take at least 25% of the work.

  • On Monday, Greece and Israel are scheduled to sign the €3.1 billion Achilles Shield agreement in Tel Aviv, creating an integrated air-and-missile defense network linked via AI-powered command-and-control software.
  • Athens will phase out aging Russian-built S-300 and Tor-M1 systems through the program, which forms part of a broader €28 billion modernization plan to strengthen Greece's defense capabilities through 2036.
  • Valued at more than €700 million, Greek industry will handle at least 25% of the project, with agreed source code transfers providing Greece national operational control over the integrated network.
  • Following the signing, the implementation phase is slated to last about 35 months, with systems delivered progressively to ensure complex AI-enabled software integrates effectively into the Greek Armed Forces defense network.
  • As Israel and Greece assess security implications of the Mecca Joint Defence Agreement, this regional cooperation positions the network as a vital counter-measure against shifting alliances in the Eastern Mediterranean.
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Israel reports one of the largest arms agreements in its history. The deal is based on the tense relations between the two countries and Turkey in the eastern Mediterranean.

·Vienna, Austria
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Israel and Greece signed an agreement of Euro3 billion, under which the Israeli side will provide Athens with a variety of systems to build an echeloned air defence system, reports on Monday The Times of Israel. "In accordance with the terms of the deal, Israel will create for Greece a coherent multi-layered air defence shield consisting solely of Israeli production systems based on extensive experience gained by Israel's defence sector during t…

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·Helsinki, Finland
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The agreement for the development of the “Achilles Shield”, the new anti-aircraft and anti-missile defense system planned by Greece, was recently signed in Tel Aviv, as reported by the Israeli media N12. Photos from the signing of the agreements were posted by the reporter of the Israeli kan11, Itay Blumental, writing, among other things, “the Defense Ministries of Israel and Greece signed the gigantic “Achilles Shield” agreement, under which Is…

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Ynet News broke the news in Tel Aviv-Yafo, Israel on Friday, August 28, 2026.
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