Greece Approves €3.5B Achilles Shield Defense Package

Greece has approved a multi-billion euro package for the Achilles Shield, pegged at up to €3.5 billion as part of a broader €4.2 billion defense push. The centerpiece combines Rafael and IAI systems to defend against ballistic missiles, aircraft and drones, with support from drones, transport aircraft, and frigate sonar, and at least 25% of production to be carried out by Greek companies. The plan aims for readiness and full operation within about 35 months, as Athens pursues a defense modernization drive that could reach around €28 billion through 2036 and expand its fleet with F-35s, Belharra frigates, and Rafale jets. The move strengthens defense ties with Israel amid ongoing tensions with Türkiye, and signals a commitment to spend more than 3% of GDP on defense and diversify suppliers. Analysts say the decision could heighten regional frictions in the Aegean and draw scrutiny from allies, including the United States. The government says the project will bolster sovereignty and deter regional threats while deepening Western alliances.