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Israel, Greece, sign $1.6 billion defense agreement


IDF Brig. Gen. (res.) Yair Kulas (right) and Theodoros Lagios, director-general of the Greek General Directorate for Defense, at the signing of the largest-ever defense procurement agreement between Israel and Greece, April 18, 2021.
Picture by Hellenic Ministry of Defense.
Under the defense procurement deal, the largest ever between the two countries, Israel’s Elbit Systems will establish and operate a flight school for the Hellenic Air Force.
By JNS
Israel and Greece announced on Sunday the signing of a defense cooperation agreement worth approximately 5.4 billion shekels ($1.6 billion).
The agreement includes the establishment of a flight training center for the Hellenic Air Force, to be built and operated for 22 years by Israeli defense company Elbit Systems. ....

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Israel, Greece, sign $1.6 billion defense agreement


Israel, Greece, sign $1.6 billion defense agreement
Israel, Greece, sign $1.6 billion defense agreement
Under the defense procurement deal, the largest ever between the two countries, Israel’s Elbit Systems will establish and operate a flight school for the Hellenic Air Force.
IDF Brig. Gen. (res.) Yair Kulas (right) and Theodoros Lagios, director-general of the Greek General Directorate for Defense, at the signing of the largest-ever defense procurement agreement between Israel and Greece, April 18, 2021. Credit: Hellenic Ministry of Defense.
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(April 18, 2021 / JNS) Israel and Greece announced on Sunday the signing of a defense cooperation agreement worth approximately 5.4 billion shekels ($1.6 billion). ....

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$1.6 Billion Record-breaking Defense Deal Strengthens Israel-Greece Ties


Apr 18, 2021
Under the deal, the largest ever between the two countries, Israel’s Elbit Systems will establish and operate a flight school for the Hellenic Air Force.
By JNS
Israel and Greece announced on Sunday the signing of a defense cooperation agreement worth approximately 5.4 billion shekels ($1.6 billion).
The agreement includes the establishment of a flight training center for the Hellenic Air Force, to be built and operated for 22 years by Israeli defense company Elbit Systems.
The training center will be modeled after the Israeli Air Force’s own flight academy, and it will be supplied with 10 M-346 training aircraft made by Italy’s Leonardo company. The aircraft will be an Israeli variant known as the “Lavi,” which, according to Elbit, are equipped with “unique avionics and embedded training solutions.” These aircraft are also used by the IAF for training cadets. ....

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Greece and Israel set to sign largest-ever defense procurement deal


By JNS
Greece has approved Israel’s bid for a 20-year, $1.68 billion defense contract for the establishment of a flight school for the Hellenic Air Force, Israel’s Defense Ministry announced on Monday. The defense procurement agreement, the signing of which now depends on negotiations with the Greek Defense Ministry, will be the largest ever between the two countries.
The agreement is a “long-term partnership” that “reflects the excellent and developing relations we have with Greece,” said Israel Defense Minister Benny Gantz, who added that it would create hundreds of jobs in both countries and “promote stability” in the Mediterranean. ....

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