Israel, Greece sign biggest ever defense deal


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(Worthy News) – Israel and Greece have signed their biggest ever defense procurement deal, which Israel said on Sunday would strengthen political and economic ties between the countries.

The agreement includes a $1.65 billion contract for the establishment and operation of a training center for the Hellenic Air Force by Israeli defense contractor Elbit Systems over a 22-year period, Israel’s defense ministry said.

“The deal is the result of the strong and long-lasting relations between Israel and Greece, Defense Minister Benny Gantz said on Sunday thanking his Greek counterpart for his efforts to facilitate the transaction. [ Source: Ynet News (Read More…) ]

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