A latest and long-expected defense agreement between Greece and Israel was signed in Athens on Monday for the procurement of PULS precision rocket system, according to a statement by Israel’s ministry of defense. The deal is valued at approximately $757.8 million.
The agreement provides for the supply of the Precise & Universal Launching System (PULS) platforms to the Greek army.
The PULS system, manufactured by Elbit Systems, is billed as having a range of up to 300 kilometers. In an announcement, Israeli officials said the rocket system will enhance Greece’s ability to protect its northeastern borders and Aegean islands. The agreement also includes the production of certain components in Greece.
Implementation is expected to be completed within four years, followed by a 10-year support and maintenance period, the Israeli ministry added.
Greece and Israel have built up strong economic and diplomatic ties over the past several years, while conducting joint military exercises as well.
Both sides also operate a pilot training center in southwest Greece, according to The Times of Israel.
Athens is continuing talks with Israel over the development of an anti-air and missile defense shield – called “Achilles Shield, patterned on Israel’s “Iron Dome” – estimated at around three billion euros, the report added.
Israel’s Iron Dome anti-missile system intercepts rockets launched from Lebanon towards Israel over the Israeli Lebanese border, as seen from northern Israel, April 12, 2024. REUTERS/Ayal Margolin
