Greece is reportedly in discussions with Israel to procure a defence system similar to Israel’s Iron Dome, in a deal estimated at around €2 billion ($2.11 billion). According to senior Greek sources, the negotiations underscore Greece’s commitment to bolstering its defence capabilities amid regional security concerns, with Turkey’s evolving defence initiatives cited as a key factor.

In August, Turkey announced its own multi-layered defence project, named “Steel Dome,” intended to provide comprehensive protection against aircraft and drones. “The goal is to establish a multi-layered defence system,” a Greek official shared. “We are actively negotiating with Israel to make this a reality.”

Israel’s Iron Dome, developed by Rafael Advanced Defence Systems, is one of the world’s leading short-range air defence solutions. It targets threats within a 40 km range, with an interception cost of approximately $30,000 per projectile. For medium-range threats, Israel employs the David’s Sling system, also by Rafael, with an interception cost near $700,000. The United States recently supplied the David’s Sling system to Finland in a €316 million deal.

Higher-altitude threats are managed by Israel’s Arrow systems, developed by Israel Aerospace Industries. Arrow 2 intercepts threats within the atmosphere, while Arrow 3, a more advanced system, intercepts targets outside the atmosphere. These systems are notably more expensive, with each interception costing between $1.5 million and $2 million. In a landmark deal, Germany purchased the Arrow 3 system from Israel for €3.5 billion, with deliveries expected to commence next year.

Image credit: Rafael website (www.rafael.co.il)