Israel and Greece Sign Expansive Defense Agreement

NIS 5.5 billion deal to span over 22 years
On Friday, Head of the Directorate for International Defense Cooperation (SIBAT), in the Israel Ministry of Defense, Brig. Gen. (Res.), Yair Kulas signed the biggest defense agreement to date between the State of Israel and Greece. As part of the agreement, the Israel Ministry of Defense and Elbit Systems will lead the establishment of an International Flight Training Center for the Hellenic Air Force. Modeled after the Israel Air Force (IAF) flight academy, the Greek International Flight Training Center will be equipped with 10 M-346 training aircraft produced by Italian company, Leonardo.
Defense Minister, Benny Gantz: “This cooperation agreement rests on the excellence of Israel’s defense industry and the strong relations between the defense establishments of Greece and Israel. I thank the Greek Minister of Defense, Nikolaos Panagiotopoulos for promoting the agreement, which we had discussed at the last trilateral meeting held in Cyprus. I am certain that [this program] will upgrade the capabilities and strengthen the economies of Israel and Greece and thus the partnership between our two countries will deepen on the defense, economic and political levels.”
SIBAT Director Brig. Gen. (Res.) Yair Kulas: "The strategic partnership between the Israel Ministry of Defense and Hellenic Ministry of National Defense is further cemented today, via the signing of the most expansive and one of the most significant defense agreements to date. I would like to thank the Hellenic Ministry of National Defense for choosing Israel and we look forward to future opportunities for partnership and collaboration."
See Full Article at Arutz Sheva - Israel International News