Israel Greece sign Defence Deal

(GS PAPER-2, BILATERAL RELATIONS

SOURCE- THE HINDU)

Context:

Recently Israel and Greece have signed their biggest-ever defence procurement deal. The agreement has amounted to 1.65 billion USD. This deal will strengthen economic and political ties between both countries. 

Important points of Agreements:

  • According to the agreement, a training centre will be open for the operation of the Hellenic Air Force (the Air Force of Greece) is to be established by the Israeli Defence Contractor Elbit Systems for a period of twenty-two years.
  • The training centre will be modelled on the flight academy situated in Israel.
  • The centre is to be equipped with ten M-346 training aircraft. All aircraft were produced by Italy’s Leonardo.
  • Under the agreement, Elbit of Israel will supply kits to operate and upgrade T-6 aircraft of Greece.

-Khyati Khare