Defense Agreement between Israel and Greece
The most important defense agreement in the history of bilateral relations was reached between Israel and Greece.
The Israeli company Elbit Systems will create and maintain the operation of centralized training for the Greek Air Force on the model of a similar facility of the Israeli Air Force for a period of 20 years and in the amount of $ 1.68 billion.
Under the agreement, Athens will purchase 10 Italian-made M-346 aircraft, and the preliminary T-6 of the Greek Air Force will be modernized.