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    "headline": "Israel and Greece sign €3 billion air defense deal for Achilles Shield system",
    "dek": "Israel and Greece signed a €3 billion ($3.5 billion) defense deal on 2026-08-31 to build a multi-layered air defense system for Greece.",
    "prose": "Israel and Greece signed a €3 billion ($3.5 billion) defense deal on 2026-08-31 under which Israel will build a multi-layered air defense system for Greece. [^1]\n\nGreece signed a $3.5 billion defence deal with Israel to provide its first integrated multi-layered air defence network by 2029. [^2]\n\nIsrael and Greece signed a defense agreement worth roughly $3.5 billion, or approximately €3 billion, in Tel Aviv. [^3]\n\nThe agreement, named Achilles Shield, will provide Greece with an integrated national air-defense network incorporating David's Sling, SPYDER, BARAK MX systems, MMR radars, and Drone Dome counter-drone systems. [^4]\n\nGreece spends nearly 3.5% of its gross domestic product on defense due to a long-standing dispute with Turkey, and plans to spend about €28 billion by 2036 on the Achilles Shield anti-ballistic, anti-aircraft and anti-drone system, plus up to 40 F-35 fighter jets from the U.S. and frigates from France and Italy. [^5]\n\nThe agreement was negotiated over three years and is described by Israel as one of the largest in the country's history. [^6]\n\nGreece, once an implacably hostile nation to Israel, is now turning to Israel for defense protection, contrasting with other European countries like Ireland and Spain that are boycotting Israeli products. [^7]\n\nAn Israeli defence ministry statement confirmed that engineers will set up an aerial defence shield for the Greeks. [^8]\n\nFor Israel, the agreement marks another major step in the global demand for its air defense technology following repeated missile and drone threats from Iran and its proxies. [^9]",
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