Finance
Greece to buy artillery systems from Israel and drones from US, officials say
Published by Global Banking & Finance Review®
Posted on December 13, 2024
2 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 13, 2024
2 min readLast updated: January 27, 2026
Greece is set to purchase artillery systems from Israel and drones from the US, as part of a broader defense modernization plan amid tensions with Turkey.
ATHENS (Reuters) - Greece is in advanced talks to buy 36 PULS rocket artillery systems from Israel as it pushes to modernise its armed forces, two officials said on Friday.
The discussions on the 600-700 million euro ($630 million-$735 million) deal come as the countries are in negotiations for Israel to sell Greece a 2-billion-euro anti-aircraft and missile defence dome.
Greece's government will submit the deal to a parliamentary committee for approval in the first quarter of 2025, the officials said.
Athens has drafted a multi-billion, 10-year purchasing plan that also includes acquiring up to 40 new F-35 fighter jets from the U.S. and four frigates from France.
The PULS system, made by Israel's Elbit, has a range of up to 300 km (190 miles), the officials said. The deal also includes the construction of components in Greece.
One of the officials added that on Friday, the country's top decision-making body on foreign affairs and defence matters, KYSEA, approved the procurement of US-made Switchblade drones, made by AeroVironment,
Most of the new artillery systems will protect Greece's northeastern borders with Turkey and its islands in the Aegean, a second official said.
Greece and Turkey, NATO allies, have long been at odds over issues including where their continental shelves start and end, energy resources, flights over the Aegean, and the ethnically partitioned island of Cyprus.
($1 = 0.9535 euros)
(Reporting by Lefteris Papadimas, editing by Andrew Heavens)
The article discusses Greece's plans to purchase military equipment from Israel and the US, including artillery systems and drones.
Greece is enhancing its military capabilities to protect its borders and address regional tensions, particularly with Turkey.
Greece is acquiring 36 PULS artillery systems from Israel and US-made Switchblade drones, among other military assets.
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