Israel, Greece sign 3.5-bln USD air defense deal

Israel and Greece signed a defense deal worth 3.5 billion U.S. dollars, under which Israeli companies will supply Athens with a multi-layered air defense system, Israel's Defense Ministry said on Monday.

The project, known as "Achilles Shield," will include David's Sling anti-missile system and the Spyder system, a mobile air defense system made by Rafael, a state-owned Israeli defense company.

It will also include the Barak MX system, an air defense system for land and naval deployment made by Israel Aerospace Industries, radars and a national command-and-control system, the ministry said in a statement. A separate 26 million-euro deal for Rafael's Drone Dome anti-drone system was also signed.