Agreement features a $1.65bn contract for the institution and operation of a coaching centre for the Greek air pressure.
Israel and Greece have signed their largest ever defence procurement deal, which Israel stated would strengthen political and financial ties between the nations as the 2 nations’ air forces launched a joint train.
The settlement features a $1.65bn contract for the institution and operation of a coaching centre for the Hellenic Air Force by Israeli defence contractor Elbit Systems over a 22-year interval, Israel’s defence ministry stated on Sunday.
The coaching centre shall be modelled on Israel’s personal flight academy and shall be geared up with 10 M-346 coaching plane produced by Italy’s Leonardo, the ministry stated.
Elbit will provide kits to improve and function Greece’s T-6 plane and in addition present coaching, simulators and logistical assist.
“I am certain that (this programme) will upgrade the capabilities and strengthen the economies of Israel and Greece and thus the partnership between our two countries will deepen on the defence, economic and political levels,” stated Israeli Defence Minister Benny Gantz.
נחתם הסכם הרכש הביטחוני הגדול אי-פעם בין ישראל ויוון.
ההסכם שנחתם ע״י ראש אגף הסיוע לייצוא הביטחוני ׳סיבט׳, תא״ל (במיל׳) יאיר קולס, כולל הקמה ותפעול של מרכז בינלאומי לאימוני טיסה לחיל האוויר היווני, ע”י חברת ‘אלביט מערכות’, בהיקף של כ-1.65 מיליארד דולר (כ-5.4 מיליארד ש”ח). pic.twitter.com/4k9h6kTzXd
— משרד הביטחון (@MoDIsrael) April 18, 2021
The announcement follows a gathering in Cyprus on Friday between the United Arab Emirates, Greek, Cypriot and Israeli international ministers, who agreed to deepen cooperation.
The Israeli and Greek air forces on Sunday launched a joint train in Greece, the Israeli army stated.
In at the very least one previous train over Greece, Israeli fighter planes practised in opposition to an S-300 posted on Crete. The Russian-made air defence system can also be deployed in Syria and Iran, Israel’s foes.
A supply within the Hellenic National Defence Command stated the S-300 had not been activated within the joint train that started on Sunday.
Israel, Greece and Cyprus have taken a number of steps in current months to cement ties, together with advancing plans to construct a 2,000-megawatt undersea electrical energy cable and a 1,900km (1,300-mile) undersea fuel pipeline, a move that irked regional rival Turkey.
Last month, the Israeli army stated it carried out a joint naval train with Greece and Cyprus.
Greece and Cyprus are embroiled in a dispute with Turkey, which has despatched fuel prospecting vessels into waters claimed by Greece and drilling ships into an space the place Cyprus claims unique rights.
The rigidity introduced NATO allies Greece and Turkey near open battle final yr, however tensions have eased since then.