Why has Greece signed a $3.5bn missile deal with Israel? — Live Feedhttps://www.live-feeds.com/feed/why-has-greece-signed-a-3-5bn-missile-deal-with-israelContinuously updated, source-cited coverage. Greece and Israel sign $3.5 billion air defense agreementhttps://www.live-feeds.com/feed/why-has-greece-signed-a-3-5bn-missile-deal-with-israelhttps://www.live-feeds.com/feed/why-has-greece-signed-a-3-5bn-missile-deal-with-israel#u54619Wed, 02 Sep 2026 08:40:46 +0000Greece and Israel have signed a defense agreement valued at approximately $3.5 billion to establish a multi-layered air defense shield. Named Achilles Shield, the deal is the largest weapons agreement between the two nations. The system is designed to protect Greece against ballistic missiles, drones, and aircraft. While most sources cite a $3.5 billion price tag, some report the value as €3 billion or $3.4 billion. The partnership aims to strengthen Greek defenses through the implementation of comprehensive Israeli missile technology.Why it mattersThe agreement comes amid regional tensions in