Greece, Israel Launch $3.6 Billion Achilles Shield, Giving 25% to Greek Industry
Updated
Updated · i24NEWS · Aug 30
Greece, Israel Launch $3.6 Billion Achilles Shield, Giving 25% to Greek Industry
3 articles · Updated · i24NEWS · Aug 30
Summary
$3.6 billion in agreements due in Tel Aviv on Monday will formally launch Achilles Shield, a Greek-Israeli air-defense network scheduled to enter service in stages over about 35 months.
25% of the project is guaranteed for Greek industry, with 12 Greek companies set to receive contracts worth more than $811 million as Athens also secures control of the network's software and source-code transfers.
Patriot, SPYDER, Barak MX and David's Sling will be linked through a unified command system so the layers share data and respond together instead of operating separately.
AI-powered software is meant to classify incoming missiles and drones and recommend the cheapest effective interceptor, supporting Greece's broader military modernization and stronger protection against varied regional threats.