Business

Greek government approves $1.7 billion defense deal with Israel

The Greek government has approved a large-scale defense with Israel worth $1.68 billion over 20 years. The deal was made at the level of the defense ministries of both countries, newsru.co.il reports.

As part of the agreement, the Israeli defense concern Elbit will establish and maintain a pilot training school for the Greek Air Force.

In addition, the deal includes the delivery of 10 Alenia Aermacchi M-346 Master (Lavi) supersonic training aircraft for advanced pilot training, the operation of the Beechcraft T-6 Texan II (Efroni) training aircraft, the supply of flight simulators, supply, and logistics. …

It is the largest defense deal between and Israel, whose relationship has grown over the past decade into a defense-economic alliance against the backdrop of Turkey’s expansionist policies.

Israeli Defense Minister Beni Gantz said that “the reflects an excellent and continuing relationship with Greece, a partnership serving the interests of both countries to stabilize the Mediterranean region.”



Leave a Reply

Your email address will not be published. Required fields are marked *