Greece and Israel close to defense agreement
Reports reveal that Greece and Israel are set to sign an agreement on Monday in Tel Aviv to supply Israel with the integrated missile and air defense system "Aegis Shield" valued at 3 billion euros. The deal will include cooperation between Greek and Israeli defense entities, and the system is expected to be operational within 35 months, with local participation estimated at around 700 million euros in the Greek defense industry sector. The agreement aims to enhance Israel's air defense capabilities and localize the defense industry in Greece.
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