Why Greece is betting on Israel’s Achilles Shield

By Rob Geist Pinfold. Published On 2 Sep 20262 Sep 2026.

What happened

On Monday, Greece and Israel signed a $3.5bn defence accord to build an integrated, multilayered defence network to protect Greek territory dubbed the Achilles Shield. The package brings together the David's Sling and Spyder interceptors, the Barak air and missile defence system and multimission radars, alongside a separate accord adding Drone Dome systems to protect strategic sites from UAVs.

It is the largest defence accord ever concluded between the two countries. It is additionally one of the most significant export agreements in Israel's recent history.

The bottom line

Taken together, the developments around why Greece is betting on Israel's Achilles Shield point to a situation that is still moving, and the coming days should bring more clarity.