Greece to approve purchase of €3.5 billion air defense system from Israel, sources say
The Greek government has said it plans to spend about €28 billion by 2036 to modernize its armed forces, including buying new F-35 fighter jets from the US and frigates from France and Italy
Assessment
Greece is moving to finalize a major air defense procurement from Israel, part of a broader €28 billion modernization push through 2036. The deal signals deepening defense ties between the two countries and positions Israel as a key supplier for European militaries upgrading their capabilities. Watch for whether other EU members follow Greece's lead in sourcing from Israeli defense contractors.