Israel and Greece have signed their biggest ever defence procurement deal, which Israel said would strengthen political and economic ties between the countries as the two countries’ air forces launched a joint exercise.
The agreement includes a $1.65bn contract for the establishment and operation of a training centre for the Hellenic Air Force by Israeli defence contractor Elbit Systems over a 22-year period, Israel’s defence ministry said.
The training centre will be modelled on Israel’s own flight academy and will be equipped with 10 M-346 training aircraft produced by Italy’s Leonardo, the ministry said.
Elbit will supply kits to upgrade and operate Greece’s T-6 aircraft and also provide training, simulators and logistical support.
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