The Greek government is moving to modernise its armed forces and air defense capabilities, and plans to spend a total of €28 billion by 2036.
On Monday, March 16, the purchase of a €3 billion multilayer air and drone defense system was approved by a Greek parliamentary committee.
The committee also greenlit the upgrade of 38 F-16 fighter jets, with the total cost estimated at nearly €4 billion. The country also plans to upgrade an additional 38 F-16 Block 50 jets from the 1990s to the modern “Viper” version.
A senior source told Kathimerini, “The parliament committee approved the project and also the upgrade of the F-16s.”
Greece is in talks with Israel to provide their “Achilles Shield”, a key component of the missile defence system, with an estimated cost of €3 billion.
All these purchases still require approval from KYSEA, Greece’s top authority on foreign affairs and defense matters.
Source: Kathimerini