Greece Negotiates 2 Billion Euro Defence Deal with Israel for ‘Iron Dome’-Like System

Greece is negotiating with Israel to develop a €2 billion ($2.11 billion) anti-aircraft and missile defence system as part of its efforts to modernize its military. Greek officials revealed on Thursday that this move is part of a broader strategy to upgrade its armed forces following years of economic challenges.

Inspired by Israel’s Iron Dome

The proposed defence system would be modeled on Israel’s Iron Dome and similar advanced systems. These intercept short- and long-range missiles during attacks, offering a robust defence against aerial threats. Greece sees this collaboration as a way to bolster its security amid regional tensions, particularly given the ongoing conflicts in Gaza and Lebanon.

Keeping Pace with Regional Dynamics

Greece aims to strengthen its military to stay on par with its NATO ally and historic rival, Turkey. Despite recent improvements in their relations, Turkey continues to develop its air defence systems. A source close to the matter noted, “The plan is to create a multi-layer anti-aircraft and anti-drone system.” Discussions with Israel are already underway, the source confirmed.

Significant Investments in Military Modernization

A second Greek official stated that the deal would contribute to Greece’s broader military upgrade, which requires an estimated €12.8 billion investment by 2035. This defence initiative forms part of a 10-year plan, which also includes the purchase of up to 40 F-35 fighter jets and drones from the United States, as well as four Belharra frigates and Rafale jets from France.

Transitioning to Modern Capabilities

Defence Minister Nikos Dendias emphasized the urgency of modernizing Greece’s military. “Our effort is for a quick transition of our armed forces to the 21st century,” he stated during a closed-door briefing. Greece currently relies on US Patriot systems and aging Russian S-300 systems to secure its airspace.

Ongoing Tensions with Turkey

Although relations with Turkey have slightly improved, Greece remains cautious. The two countries have unresolved disputes over maritime boundaries, energy resources, and airspace in the eastern Mediterranean. These persistent tensions underscore Greece’s drive to fortify its military capabilities in the face of potential threats.