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Greece Approves $4.2 Billion Defense Package, Including Israeli Air Defense Systems
๐Ÿ‡ฑ๐Ÿ‡น Lithuania /Conflict & Security

Greece Approves $4.2 Billion Defense Package, Including Israeli Air Defense Systems

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Documents & data New plan
  • The Greek government plans a $4.2 billion defense spending package, including the acquisition of C-390 Millennium transport aircraft and Heron drones.
  • The package also involves purchasing Apache helicopter missiles, Victa-class ships, and frigate sonar systems, with Greek defense companies contributing 700 million euros.
  • Prime Minister Kyriakos Mitsotakis's government is significantly modernizing the armed forces, with a goal of allocating 25 billion euros to defense over the next 12 years.

Greece's government is set to implement a substantial defense spending package totaling $4.2 billion, signaling a significant investment in modernizing its armed forces. The Ministry of Defense's plans include the acquisition of advanced military hardware, such as the C-390 Millennium transport aircraft manufactured in Brazil and Heron-type unmanned aerial vehicles.

Further bolstering its military capabilities, Greece will also procure Apache helicopter missiles, British-made Victa-class ships, and sonar systems for frigates. Notably, Greek defense industry companies are slated to contribute 700 million euros to this ambitious air defense project, underscoring a commitment to domestic industrial involvement.

This move is part of a broader strategic initiative by Prime Minister Kyriakos Mitsotakis's administration to overhaul the nation's military. Mitsotakis has declared that 25 billion euros will be allocated to defense over the next 12 years, a plan he described as the most "drastic" defense reform in modern Greek history.

DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.